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1️⃣ Follow Gate_Square
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📅 July 3, 7:00 – July 9,
Bitcoin was trading at $105,400 at press time, a few points below this month’s high of $105,900.
The Bitcoin Spiral Clock is a popular model that looks at Bitcoin price cycles around halving events. Halving is a process where Bitcoin’s rewards are slashed by half in a bid to control the supply of new coins entering circulation. It happens after every 210,000 blocks are mined, which happens after four years.