What is the Bitcoin halving and how does it affect price?

Post-halving rallies are historical patterns but past performance does not guarantee future results. The 2024 cycle may be different with ETF inflows as a new demand driver.

Bitcoin halving occurs every ~4 years and cuts the mining reward in half. This reduces new BTC supply. With constant or growing demand, reduced supply is historically bullish. Next halving is April 2024.