Bitcoin Halving is Approaching

Source: TradingView

Bitcoin halvings are important events in the crypto world that have a significant impact and often lead to price fluctuations. The next halving will take place in April 2024.

So why is halving an important event?

A halving event causes Bitcoin production to halve and, if demand remains stable, could theoretically lead to an increase in Bitcoin's price.

In the past, halving events have led to significant increases in Bitcoin prices. However, these increases have occurred at different times and at different rates.

Which cryptos will rise the most after the halving?

When the price of Bitcoin rises, the prices of altcoins tend to rise, but this isn't always the case. Many investors are looking for the altcoins that will rise the most during this bullish period.

In the past, DeFi, meme, metaverse, NFT and Tier-1 projects have been very popular. In the coming period, altcoins with projects in Tier-2, zk, Rollup, scaling and storage are expected to increase more than others. Also, since you will hear the concept of liquidity quite often during the bull season, projects that offer liquidity solutions may also be in demand.

The fact that governments are researching and regulating cryptocurrencies and blockchain technology shows us that these assets will be more important in the digitized world. This increases the likelihood that projects that appeal to the real world will continue on their way with their feet on the ground.

Addressing the real world means the following: Liquidity, cheap transfers, fast chains, storage solutions, etc.

Of course, these are just predictions. Who knows, maybe Dogecoin will kick off the bull season.