After the Bitcoin halving 2024, a complex interplay of factors could influence the market. While the reduction in newly mined bitcoin may lead to a potential shortage, the increasing involvement of ETFs adds another layer of complexity.

Short-Term Traders vs Diamond Hands

Bitcoin long-term holders, also known as “Diamond Hands”, remain optimistic due to their belief in its transformative technology and fixed supply, which they anticipate will drive value appreciation over time.

They see Bitcoin as a hedge against fiat currency devaluation and view its expanding adoption as a testament to its growing utility. Additionally, the maturation of Bitcoin’s market infrastructure enhances…

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