❓ Question#crypto
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Wolf Cub
Trader · · 236 views
What is the Bitcoin halving and how does it affect price?
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Everyone talks about Bitcoin halving as a bullish event. Can someone explain what it is and why it matters?
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✅Best Answer
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Market Hawk
Trader · 15 days ago
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.
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WA
Wolf Alpha
Trader · 15 days ago
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.
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