Bitcoin Halving Information LIVE Updates: Because the much-awaited 2024 Bitcoin halving occasion attracts close to, market sentiments are hovering clouds excessive, with the broader crypto trade even witnessing a considerable worth rebound right this moment, April 19. A plethora of occasions in tandem with the BTC halving occasion unfolded up to now 24 hours, primarily attributed to the paradigm shift this occasion presents itself with.
Notably, Bitcoin’s worth neared the $65k mark, as lower than 100 blocks remained within the upcoming BTC halving. The token traded at $64,825 whereas writing, with a 2.86% bounce over the previous 24 hours.
It’s value noting that Bitcoin slipped under the $60K mark right this moment, ensuing primarily from geopolitical tensions between Iran and Israel. Nevertheless, with the halving frenzy weighing in, Bitcoin embarked upon a immediate upward momentum, garnering vital investor optimism on the token.
Traditional market sentiments painting a parabolic uptrend for BTC post-halving. Nevertheless, the token stays poised for an prolonged consolidation shortly after its halving, with a parabolic uptrend unfolding in the long term.
Intriguingly, with this halving occasion, the Bitcoin block reward halves, slipping from 6.25 to three.125. Listed under are a few of the newest updates from the trade.
05:51:05 PM IST, 19 April 2024
Bitcoin Halving Information LIVE: Solely 91 Blocks To Halving!
The crypto market braces itself for the upcoming BTC halving as solely 91 blocks stay. With solely hours to go, crypto buyers seem like on their toes, anticipating the occasion to influence BTC’s worth motion.
Bitcoin Halving in lower than 100 Blocks.
Immediately is the day! 🚀 pic.twitter.com/SFVsecKBfj
— Bitcoin Archive (@BTC_Archive) April 19, 2024
05:28:27 PM IST, 19 April 2024
Bitcoin Halving Information LIVE: Bitcoin Worth Hits $65K
Following a noteworthy worth rebound embarked upon by Bitcoin, the BTC token briefly topped $65K as of press time. With a 3.59% surge up to now 24 hours, BTC topped $65K regardless of its latest slip under $60K, nabbing international consideration.
05:25:09 PM IST, 19 April 2024
Bitcoin Halving Information LIVE: Bitwise CEO Anticipates BTC to Hit $100K Following Halving
Bitwise CEO Hunter Horsley just lately took to a publish on X, illustrating a way of bullishness on BTC to hit $100K post-halving. He attributed this anticipation to historic information on BTC’s worth motion.
I believe individuals are dramatically underestimating the halving.
The market has by no means priced it in earlier than, and will not have priced it on this time.
For the prior 3 halvings, after buyers spent months discussing if it was priced in, here is what occurred within the 12-months after…
— Hunter Horsley (@HHorsley) April 19, 2024