Bitcoin 'Halving' Could Spark Next Crypto Breakout
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The Bitcoin "halving" event in April 2024 could spark a crypto rally, as previous halvings have done. This cuts Bitcoin production in half, making it more scarce.
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Bitcoin and stocks leveraged to Bitcoin price, like MicroStrategy and Coinbase, are prime crypto investments if a rally occurs.
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Other cryptos beyond Bitcoin, like Solana, could also rally if Bitcoin takes off. Though they are riskier.
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The crypto market is highly cyclical, with booms and busts. Signs point to crypto winter ending and crypto spring arriving.
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The article author believes the Bitcoin halving will catalyze the next crypto breakout. Now is the time to start positions before the growing season.