Falling Bitcoin Social Sentiment Could Indicate Market Low Point
The Bitcoin Highs: A Close Yet Far Reality In the world of cryptocurrency, Bitcoin has always been the leading light, guiding not only investors but also setting the pace for other digital currencies However, navigating through the ebbs and flows of the crypto market can sometimes feel like a rollercoaster ride The most recent turn of this ride has left many in anticipation, with Bitcoin's price failing to reach a new all-time high for over three months, despite the much-anticipated Bitcoin halving event in April Bitcoin Halving: A Quick Overview For those new to the scene, the Bitcoin halving is a significant event that happens approximately every four years, where the reward for mining new blocks is halved, meaning miners receive 50% less Bitcoin for verifying transactions This event is significant because it not only affects the miners but also has historically been a catalyst for pushing the price of Bitcoin to new heights due to the reduced supply of new Bitcoins entering the market...
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