Bitcoin (BTC) investors and enthusiasts are bracing themselves for a potential seismic shift in the cryptocurrency landscape, as a prominent analyst warns that the post-2024 Bitcoin halving could usher in a “major bear market.”
CrediBULL Crypto has stirred the crypto community with his recent analysis, suggesting that the upcoming halving event might not be the catalyst for a bull run, as many expect.
Bitcoin halving events, which occur roughly every four years, have long been closely watched by investors due to their historical impact on the cryptocurrency’s price trajectory. The halving mechanism is built into the cryptocurrency’s code and reduces the block reward miners receive by half.
This scarcity-driven event often leads to supply shocks and, historically, has sparked significant price rallies. The previous halvings were indeed followed by remarkable bull runs. However, CrediBULL Crypto suggests a paradigm shift…
