Halving is one of the most anticipated events in the cryptocurrency world. It occurs approximately every 4 years and halves the reward for miners per block. But why is this so important for the price of BTC and how to prepare for this event, for example, on Binance?
What is halving?
• The block reward is halved.
• Fewer new bitcoins are being created — a decrease in issuance rates.
• Expected in mid-2024 (the 4th halving in the history of BTC).
Why can halving affect the price of BTC?
✔️ Supply shortage:
Fewer bitcoins on the market — more demand with the same or increasing interest.
✔️ Historical context:
• 2012: BTC from $12 to $1,100
• 2016: from $650 to $20,000
• 2020: from $9,000 to $69,000
The past does not guarantee the future, but the trend is noticeable.
✔️ Investor expectations:
The expectation factor often provokes a price increase even before the halving itself.
How to prepare? (especially on Binance)
➡️ Study the market:
Use Binance Research, follow the charts on TradingView on the Binance platform.
➡️ Diversification:
BTC is the base, but don't forget about other assets. You can create a portfolio of different coins on Binance.
➡️ DCA strategy:
Buying bitcoin in parts at fixed intervals — the 'Auto-invest' feature on Binance.
➡️ Risk analysis:
Use Stop-Loss, take-profits. Better to be less but confident.
➡️ Subscribe to analytics:
Read Binance Square, follow top authors, leave comments — this is how a useful crypto community is formed.
Conclusion:
Halving is not just a technical event, but a powerful market trigger. Those who do not panic but prepare in advance will win. Use Binance tools to stay one step ahead.
#HalvingHorizons #Binance #BinanceSquareFamily
$BTC
