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What’s next for Bitcoin as 21k blocks left to be mined until halving?
As optimism returns to the cryptocurrency market with its representative asset, Bitcoin (BTC), crossing the threshold at $38,000 and establishing itself above it, more good news could be around the corner, considering that miners have only 21,000 BTC blocks left to mine until its next halving event. Specifically, as the Bitcoin halving, estimated to happen in April 2024, approaches with only 21,000 blocks left, the realized price, i.e., the average purchase price of all BTC, could rise with it, according to the chart pattern analysis shared by cryptocurrency expert Root in an X post on November 30. Indeed, the ... (full story)