Bitcoin Halving: Opportunities and Challenges
Bitcoin halving is one of the most important cyclical events in the crypto world, occurring every four years, with block rewards halving, directly impacting miner income and market supply. Historically, Bitcoin prices often rise after halving, but the process is fraught with volatility. After the halving in 2024, miners will face cost pressures, and some inefficient mining operations may exit, while long-term holders (HODLers) anticipate a new bull market. However, the market environment is different from the past, with institutional investors and macroeconomic factors gaining influence. Is the halving effect still significant? Investors need to carefully assess risks and avoid blindly following trends.