Steemit Crypto Academy Contest / S15W1 - Steem & Halving Bitcoin 2024

hello my friends and family hope you are doing well I am good I am excited to take part another contest.So I have try to summarise my knowledge in simple and easy language to understand.

How could the Bitcoin halving in April 2024 influence investors' general perception of cryptocurrencies, and in particular, what impact could it have on the STEEM token?

So Bitcoin Halving means the reward we get is reduced to half and but overall this will lead to increase the price of the Bitcoin and many other coins as well so this is a very golden chance for the investors to invest.

Bitcoin Halving actually occurred after every 4 years so now it is expected to occur in April and this is very good thing for investors because the halving is going to reduce the reward which is the miners are getting from their earning.

So what is going to happen is actually when there is decrease supply of Bitcoin so this will lead to increase the price of it and it will also lead to increase demand for the other cryptocurrency and make it more valuable.

So what actually we are going to expect is that the Bitcoin Halving will lead to the positive impact on the steem and it can lead to the positive impact on the price of the steem will touch $2 and this year is going to be blessings for us.Lets hope for the best.

Ss

This is screenshot I took from trading view in this screenshot I am explaining about and Bitcoin and his reaching a to 61% and this overall showing us trend and if it drop below them these than automatically and the trend will be descending at $29.500

If trends below than this is indication for bearish trend.

What adjustments in the supply and demand dynamics of cryptocurrencies could result from the Bitcoin halving, and how could these changes influence the valuation of the STEEM token?

Steem is reward we are getting for outstanding quality posting and we are getting SBD , SP and Steem.In this year we are hoping that we will get STEEM token price upto $2.

Cryptocurrency is very dynamic system so as I already describe about Bitcoin Halving it means that the reward is reduced to half for the miners so for example reward for mining is 10.25 BTC which is reduced to half which is 5.125 BTC so when there will be reduce supply in the BTC so it's automatic understood thing that the price will be rise and as well as their would be increase demand of other alternative coins as well.

So when there is reduce supply of BTC this is not going to automatically increase the price but also for the investors will get lost who are just on focusing on one coin as well and but overall it is also good for the other coins.

How might specific characteristics of the STEEM token, such as its Content-based reward mechanism, be impacted by macroeconomic changes resulting from the Bitcoin halving?

The specific characteristic of steem token might change by changing the macroeconomic and with Bitcoin Halving and Bitcoin Halving actually occur after every 4 years and most probably now it will occur on the April and so the honestly this will lead to the existed Bitcoins prices will raised while it has also positive impact on other alternative coins such as steem token price so it will also lead to increase price of steem as well but the thing is the investor should more focused on wether they are only focusing on one coins they may get into loss so they should also keeping in mind any alternative coin as well so this year is going to be fortune for all of us because we are hoping for all our best the steem price is going to increase this year.

Another question is why we need to see the alternative coins such as the steem token because the crypto currency is you know very dynamic so there are a lot of fluctuations going on there is constantly changing so we will also see diversify their portfolios. But other alternative coins can give us comparative to same as like Bitcoin for example the some blockchains are very fastest and their transaction speed is really improved.

Summarise my discussion that the macroeconomic changes can effect the steem token in positive way as well it will increase its price and but if we talk about the negative aspect so yes there are certain negative aspect as well there would be increase transaction fee and as well as all the liquidity would decrease and so for investors it become more difficult for trading.

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What lessons can investors learn from previous Bitcoin halvings to anticipate market trends and make informed decisions regarding the STEEM token?

So the very first and Bitcoin Halving which occurred on 2012 you can say price of the Bitcoin touch the moon it was 12 USD and with that you can say increase of 8069% so this was ending it makes history.

But the lesson from this was that the investor didn't pay attention to the bearish trend.

Second most important lesson we can say uptrends will end up to bull run. The second Bitcoin Halving occur in 2016 and then again will come up with good rise of price up to 112% and that the price of Bitcoin reach to $650.

So from this second BTC Halving we can learn there was unique pattern and with the prediction of lower supplies for next up to 4 years and this lead to increase demand.

And another important thing which I want to discuss that whenever we invest we want to see immediate change but cryptocurrency it is not like that once you invest you will see the result it takes up to 3 to 6 months as we can see from previous Halving.

Another lesson for miners is to sell their a assest at peak time. Some previous we can say there is mixed trend going so miners should understand to manage their investments.

Tu secure the future we should select the right broker so very initially traders finds very difficult for the investment to trade a lot of investors suffering from a lot of issues technically so in order to secure this system very specific broker made to avoid the scammers as well.

And if we talk about the steem token impact yes BTC halving will positively influence the steem token price because according to my prediction the steem price will come up with bull Run and this is best opportunity for us to invest as well as keeping in mind other alternative coins so I will go with steem to invest.And soon price will touch $1.

I would like to invite my friends
@suboohi
@ashkhan
@jannat12