Bitcoin is having its best month in over three years. This is particularly interesting at this time, because expectations of rate cuts have narrowed, so this rally is in spite of higher expected rates.
The introduction of Bitcoin ETF’s has caused an explosion in demand for the cryptocurrency. Alongside the next halving, which is scheduled to occur sometime in April, and there appears to be a supply demand imbalance in Bitcoin, which is causing heavy upward pressure on the cryptocurrency.
Cui Nyonya Kueh : halving is end of this month march ?
Brianjh OP Cui Nyonya Kueh : end april
Cui Nyonya Kueh Brianjh OP : ok thanks![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f-1f3fb.png)
Brianjh OP Cui Nyonya Kueh : remember it depends on block height too. so don't have exact date for halving
Cui Nyonya Kueh Brianjh OP : ok thanks![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f-1f3fb.png)
Bird007 Cui Nyonya Kueh : The halving has an exact date and will take place 4/25/2024