Michael Saylor has made important remark on correlation between Bitcoin halving and BTC price
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He reminded his followers that after the previous halving hit the flagship cryptocurrency in 2020, the BTC price amounted to $8,618. Bitcoin reached a new all-time high of $69,000 in November 2023 and then, quite unexpectedly, skyrocketed to a new historic price peak in March this year before the fourth halving arrived.As of today, when Bitcoin is changing hands at $61,043, BTC has increased roughly 800% despite all the massive volatility seen over these four years.
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