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*⛏️ Part 2: The Bitcoin Halving Effect – Fuel for the Bull Run*
Every four years, Bitcoin undergoes a crucial event called *“halving”*, where miner rewards are cut in half. The most recent halving occurred in *April 2024*, reducing the reward from 6.25 BTC to 3.125 BTC per block. ⚒️📉
*Why is this important?*
Halving reduces the rate at which new Bitcoins enter circulation. With demand either stable or rising, the reduced supply often leads to *significant price increases*. This pattern has repeated after every halving in Bitcoin’s history. 📊🚀
*Historical trend:*
- 2012 halving → massive 2013 bull run
- 2016 halving → 2017 ATH
- 2020 halving → 2021 mega rally
- 2024 halving → ?? (early signs look strong!)
This built-in scarcity model mimics *digital gold*, reinforcing Bitcoin's role as a long-term store of value. 🪙🔥
As miners receive fewer BTC, the cost to produce coins rises, and so does their value in the market.#SparkBinanceHODLerAirdrop #BombieBinanceTGE #MarketRebound