Bitcoin Halving Approaches Swiftly: Only 35 Days Left!

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fear and greed index being at 92 which is extremely high.</p><figure id="9751"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*JKZY0hqImhVGUaPOga0QgQ.png"><figcaption>Source photo <a href="https://coinmarketcap.com/currencies/bitcoin/">Bitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCap</a></figcaption></figure><h2 id="4470">What’s next for bitcoin in my opinion?</h2><p id="08d0">I wish I could say that it will go to $100,000 before the halving which is in 35 days, but unfortunately I don’t think so. Usually when this fear and greed index is very high, there follows a drop for bitcoin because now is the time for the inexperienced to come in hoping to make a short term gain and the market liquidates.</p><figure id="13d3"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*RdC2Wj9zl2obG-jsHvmkqg.png"><figcaption>Source photo <a href="https://coinmarketcap.com/">Cryptocurrency Prices, Charts And Market Capitalizations | CoinMarketCap</a></figcaption></figure><p id="35ed

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">I expect a drop to come before the halving this one to allow for even more exponential growth after the halving happens.</p><h2 id="e377">Is it a good time to invest in Bitcoin?</h2><p id="d800">Any asset that is at an all time high is generally not a good investment if you are hoping to make a profit in the short term. If the goal is long term you might find this $70,000 price to be an extremely good one. It all depends on the type of investor and the time period you want to hold this asset.</p><h2 id="1411">What will happen after Halving?</h2><p id="5ef9">If we go by what happened in the rest of the halving bitcoin started to rise about 2–3 months after it happened. It is strongly possible that things will repeat themselves now.</p><p id="5e98">In conclusion I advise you to invest a small part of your portfolio in Bitcoin, Ethereum or even Solana to be able to earn a higher gain. The best method that can be applied is dollar cost average over a period of at least 5–10 years.</p><p id="4905">Good luck!</p></article></body>

Bitcoin Halving Approaches Swiftly: Only 35 Days Left!

All of us who were and are crypto fans waited for 2024 because we knew the halving of bitcoin was coming. Today there are about 35 days left until the Bitcoin mining gain will be halved from 6.25 BTC per block to 3.125 BTC per block.

This means that Bitcoin will be increasingly valuable and for the same work for which you now get about 6 BTC in 35 days you will only get 3 BTC.

It is a highly anticipated moment as this halving comes after one of the best periods for Bitcoin. If we look at the 1 year chart Bitcoin has risen from $24,000 to $70,000 as it is today March 12, and the market is extremely euphoric the fear and greed index being at 92 which is extremely high.

What’s next for bitcoin in my opinion?

I wish I could say that it will go to $100,000 before the halving which is in 35 days, but unfortunately I don’t think so. Usually when this fear and greed index is very high, there follows a drop for bitcoin because now is the time for the inexperienced to come in hoping to make a short term gain and the market liquidates.

I expect a drop to come before the halving this one to allow for even more exponential growth after the halving happens.

Is it a good time to invest in Bitcoin?

Any asset that is at an all time high is generally not a good investment if you are hoping to make a profit in the short term. If the goal is long term you might find this $70,000 price to be an extremely good one. It all depends on the type of investor and the time period you want to hold this asset.

What will happen after Halving?

If we go by what happened in the rest of the halving bitcoin started to rise about 2–3 months after it happened. It is strongly possible that things will repeat themselves now.

In conclusion I advise you to invest a small part of your portfolio in Bitcoin, Ethereum or even Solana to be able to earn a higher gain. The best method that can be applied is dollar cost average over a period of at least 5–10 years.

Good luck!