Satoshi Stacker – BITCOIN HALVING IN 17 DAYS – TIME TO SELL BITCOIN? (05.04.2024 Summary)

Satoshi Stacker – BITCOIN HALVING IN 17 DAYS – TIME TO SELL BITCOIN? (05.04.2024 Summary)

Get Ready for the Bitcoin Halving! 🚀

In just 17 days, the highly anticipated Bitcoin halving is upon us. This event is a game-changer for Bitcoin, and savvy investors like Satoshi Stacker are preparing for the fireworks.

  • Recent days have been a wild ride for Bitcoin. We saw a massive 8% pump, taking prices from $64,500 all the way up to nearly $70,000! But just as quickly, a pullback hit, as traditional markets felt the pressure from hawkish Fed comments.

Despite the dip, the long-term outlook for Bitcoin remains extremely bullish. Why? The halving!

You see, when the halving happens, the daily new supply of Bitcoin will get cut in half – from 900 BTC per day down to just 450 BTC per day. That’s a massive $30 million reduction in daily selling pressure from miners.

  • To put that in perspective, that’s twice as much as MicroStrategy invested in the first quarter of 2024! The supply shock is going to be intense, just as Satoshi Stacker has been predicting

  • Now, in the short-term, we may see some volatility around the halving. Traders will likely take profits, causing some ups and downs. But in the long run, the fundamentals have never been stronger for Bitcoin, according to Satoshi Stacker.

His advice? HODL on to your BTC! The halving is going to be a game-changer, and patient investors who weather the storm are set to reap the rewards.

So, get ready Bitcoin fans – the halving is just around the corner, and the future is looking brighter than ever for the king of cryptocurrencies, as Satoshi Stacker has been saying. 🌕