In 2024 for some investors, Bitcoin's halving means that its value will skyrocket. They believe that as the amount of bitcoin decreases, bitcoin in the market will become more scarce, driving the surge. In their eyes, Bitcoin is not only a digital currency, but also a safe-haven asset, and even regarded as a digital in the future. These investors believe that Bitcoin will become the cornerstone of the future digital economy, and its value will continue to climb.
For others, however, the Bitcoin halving is not good news, but an existential crisis. Especially for miners who rely on mining for their livelihoods, a halving event can be extremely stressful. With the Bitcoin reward halving, miners may face a sharp drop in earnings, and some may even be forced out of the market. For those miners on a smaller scale, their living space may become narrower and narrower, and their livelihoods may be seriously threatened.
Therefore, the impact of the Bitcoin halving event in 2024 could be both a surge in value and an existential crisis for miners. Against this backdrop, the future of the market remains uncertain and requires us to continue to monitor the challenges that may arise.