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The Prospects And The Opportunities Of The Halving As It Looms. - Investment - Nairaland

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The Prospects And The Opportunities Of The Halving As It Looms. by MetaverseLawyer: 3:21pm On Mar 26
The halving seems to be one of the anticipated events in the CryptoSpace. Historically, it is seen as one of the major catalysts that spikes the price of Bitcoin and other altcoins alongside.

The event is slated to happen every 4 years. It has been found that the price of bitcoin surges upward whenever it happens. The last halving was around 2020, in 2021 we witnessed a full blown run with BTC peaking about $72K.

At present the next halving is slated to happen this year, 2024. The month of the halving is to be April, but no date is specifically chosen yet.

However, to spark up optimism, reputable platforms like Bitget have taken initiative to bring forth an event that will let users earn about $500,000 in BTC, once you complete some deposit in EUR or BRL,you will be eligible to participate. Interestingly, you can make multiple deposits to maximise you chance to win.

I am optimistic as to the halving event, and I will participate accordingly.

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