btc#TradeLessons

BTC halving! That's a hot topic in the crypto world.

The Bitcoin halving is an event where the reward for mining Bitcoin transactions (called a block reward) is cut in half. This happens approximately every 4 years, or after 210,000 blocks are mined.

Here's what you need to know:

- Reduced supply: With fewer new Bitcoins entering circulation, the supply decreases, which can lead to increased demand and potentially drive up the price.

- Increased scarcity: The halving reinforces Bitcoin's scarcity, which is a key factor in its value.

- Market anticipation: The halving event is often anticipated by traders and investors, which can lead to price fluctuations before and after the event.

The most recent halving occurred in May 2020, and the next one is expected around April 2024. Historically, the halving has led to increased interest and price surges in Bitcoin.

Want to know more about Bitcoin or the halving?