Every four years, Bitcoin undergoes a programmed event that halves the supply of new $BTC : a "halving" that reshapes the market landscape. Although simple in code, this mechanism profoundly influences price dynamics, mining economics, and investor sentiment.

Since its inception in 2009, Bitcoin's block rewards have steadily decreased from 50 BTC to just 3.125 BTC after the 2024 halving. In 2028, that number will fall again, to 1.5625 BTC per block, as we reach block number 1,050,000.

.

🚀 Past Performance, Future Questions

Historically, each halving has triggered explosive price increases:

2012: +9,000%

2016: +2,900%

2020: +700%

But diminishing returns are beginning. As Bitcoin's market capitalization grows, much more capital is needed to fuel the same parabolic gains. That’s why analysts predict more moderate targets after 2028, ranging between $150,000 and $300,000, still optimistic but likely more gradual.

🛠️ Mining: Survival of the Fittest

Each halving cuts miners' revenues overnight. The 2024 halving forced less efficient miners to shut down due to high electricity costs and outdated equipment. This pattern is expected to continue in 2028, demanding constant innovation and cost optimization of mining operations to remain profitable.

💼 The Era of ETFs & Institutional Demand

What makes the 2024–2028 cycle unique is the rise of institutional money. The approval of spot Bitcoin ETFs in the U.S. introduced new demand mechanics, pushing BTC to new highs above $120,000. Analysts attribute both the ETF boom and the political context (e.g., a Trump reelection) #Squar2earn #Write2Earn #BinanceSquareTalks #bitcoin