Bitcoin Halving and Its Impact on Price & Market
Bitcoin halving is one of the most anticipated events in the crypto world, happening every four years. It reduces mining rewards by 50%, making BTC more scarce and potentially increasing its value.
Past Halvings & Price Impact
โ 2012 Halving: BTC surged from ~$12 to ~$1,100.
โ 2016 Halving: BTC jumped from ~$650 to ~$20,000.
โ 2020 Halving: BTC skyrocketed from ~$8,500 to ~$69,000 in 2021.
With the 2024 halving approaching, will history repeat itself? ๐
What are your thoughts on BTCโs future? Share in the comments!
