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Bitcoin's previous strong performance is likely to re-emerge around the time of the upcoming halving event due to retail investor interest, the halving will reduce the supply chain of newly produced Bitcoin, the price of Bitcoin has increased by an average of 61% in the 6 months before the past halving event, and an average increase of 348% in the 6 months after the halving, the positive impact of the halving on the price of Bitcoin is very clear. Bitcoin is also affected by macroeconomic influences, such as the loose monetary policy in 2020, which made Bitcoin strong. The possibility of three rate cuts by the Fed in the second half of the year is also a positive sign.
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