@infinity15rogue
The recent Bitcoin halving event has reduced mining rewards, historically leading to increased scarcity and upward price pressure. In the short term, Bitcoin (BTC) may experience volatility as the market adjusts, but long-term prospects remain bullish due to reduced supply. Other major cryptocurrencies, like Ethereum (ETH) and Binance Coin (BNB), often follow Bitcoin's trend, potentially benefiting from increased market attention. However, risks include macroeconomic factors and regulatory changes. Short-term, BTC could range between $60,000 and $70,000, with long-term targets exceeding $100,000 if adoption grows. Investors should monitor market sentiment, on-chain data, and macroeconomic indicators to make informed decisions. Diversification remains key.
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