Bitcoin Halving Chart 2024 Prediction. At the time, the reward for each block of mined bitcoin was cut in half from 6.25 btc to 3.125 btc. This blog simplifies the bitcoin halving, examines price trends before and after past cycles, and offers our prediction for the 2024 halving.
Discover the 5 phases of bitcoin halving in this insightful article. Michael novogratz, ceo of galaxy digital, predicts that bitcoin’s price could reach $150,000 by april 2024, based on growing institutional adoption, increasing demand from younger generations, and reduced supply.