Posted 4/13/2024, 10:26:00 AM
Bitcoin Halving Soon as Crypto Adoption Grows, Driving Future Price Speculation
- Bitcoin's next halving event occurs in coming days, reducing mining rewards from 6.25 to 3.125 BTC per block
- Halving happens every 4 years, capping Bitcoin supply to theoretically support higher prices
- 40% of U.S. adults now own crypto, up from 30% a year ago, indicating growing adoption
- Investing strategy is to use volatility to your advantage, buying dips and holding long-term
- Over the next 5 years, 2 halvings will slow Bitcoin supply growth while demand may keep rising
