The Bitcoin halving is a major event in the Bitcoin network that occurs approximately every four years (every 210,000 blocks). It cuts the block reward for miners in half, reducing the rate at which new bitcoins are created. This helps control inflation and maintains Bitcoin's capped supply of 21 million coins.
Key Points:
Next halving: Expected around April 19-20, 2025 (block 840,000)
Why it matters:
Supply shock: Halvings reduce the new supply of BTC, which can lead to price increases if demand remains strong.
Historically bullish:
