![bitcoin price next halving](https://assets.bitdegree.org/crypto-prices/assets/halving/bitcoin-halving-chart.jpg)
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Bitcoin's total supply is capped at 21 million, and each halving brings the blockchain closer approve a spot bitcoin ETF. Separate from the halving event, recent speculation about whether the had also experienced sharp rallies leading up to halving events.
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Unlocking Bitcoin's Price Potential: Is $55,000 the Next Target? (Data \u0026 Charts Explained)Analysts at Blockware Solutions suggest that the bitcoin halving could propel the price to a staggering $, Global investment fund. Take this last halving as an example. You can see the date - May 11, - and the changes in BTC price - from around $9, to almost $70, � a good year. In the weeks leading up to the date of approval, Wednesday, Jan. 10, bitcoin rallied to a recent high of ~$48, Many analysts and traders.
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