❓ Q&A14d ago218
What is the Bitcoin halving and how does it affect price?
WC
Wolf Cub
@wolf_cub
Everyone talks about Bitcoin halving as a bullish event. Can someone explain what it is and why it matters?
#crypto
2 Answers
TW
Trading Wolf14d 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.
TW
Trading Wolf14d 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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