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How to Speed up or Cancel Your Bitcoin TransactionsConfirmed transactions on the blockchain are permanent and irreversible. Just wait and your transaction will finish going through soon. If the transaction has. You can reverse your Bitcoin transaction if unconfirmed within 24 hours. However, ensure that the transaction is genuinely unconfirmed. That. While we cannot cancel or reverse a transaction once it is initiated, we are here to assist you with any questions or concerns you may have. If.