@ixshadow25
The April 2024 Bitcoin halving reduced block rewards to 3.125 BTC, tightening supply. Historically, halvings (2012, 2016, 2020) preceded price surges 6-12 months later due to scarcity, with Bitcoin rising 53-122% post-halving. However, 2024’s immediate impact was muted, with BTC at ~$90,446, up 41% since April, underperforming past cycles. Short-term volatility persists due to macroeconomic factors and ETF inflows. Long-term, Bitcoin’s $243,000 potential by 2026 is plausible with institutional adoption. Altcoins like ETH and XRP often follow BTC’s lead, but short-term dips are likely.
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