I'm curious about the workings of BTC cycles. How do they operate, and what factors influence their fluctuations? I want to understand the mechanics behind these cycles to better grasp the Bitcoin market.
Bitcoin's four-year cycle is a significant phenomenon in the cryptocurrency world.
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MartinoSun Dec 01 2024
This cycle is partly driven by the scheduled halving events. Every four years, the block reward miners receive is reduced by 50%.
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RiccardoSun Dec 01 2024
The halving process plays a crucial role in regulating the supply of new Bitcoin entering the market. As the reward decreases, the supply of new coins slows down.
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MargheritaSun Dec 01 2024
The reduction in supply often leads to supply-demand pressures in the market. With fewer new coins available, the demand for Bitcoin can outstrip the supply, leading to potential price increases.
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CryptoBaronessSun Dec 01 2024
BTCC, a top cryptocurrency exchange, offers a range of services to cater to the needs of Bitcoin traders and investors. Its services include spot trading, futures trading, and a wallet for storing Bitcoin.