As the clock ticks down to the 2024 block subsidy halving of Bitcoin (BTC), the cryptocurrency has now entered a prime “buy the dip” territory. This is backed by the patterns that Bitcoin halving cycles have been following so far, which tend to result in a macro high and macro low for BTC price about four years apart from one another. The macro low has been known to occur slightly over one year before the next halving. Bitcoin veteran Pete Rizzo thus made a point of Tweeting a reminder to plan accordingly. Investor and entrepreneur Alistair Milne echoed the sentiment, suggesting that those looking to maximize profits from BTC should be sure to execute their buying before the halving. Controversial Bitcoin figure Plan B claims that the 50% of market participants who believe the relationship between halvngs and price is random are wrong. He posted an illustrative chart to back up his point that the idea of Bitcoin price increasing as halvings decrease available supply should be a given. As we approach the next halving, now is the time to aim to get the most out of your exposure to the cryptocurrency - don't wait until the last minute. While it's uncertain what will come of the Bitcoin halving in 2024, there is little doubt that it's best to position yourself now for what may lie ahead.



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