🚨🚨 Joining the Bitcoin Countdown with Binance's CZ, 135 Days until Halving.
According to Changpeng Zhao, the first week of April 2024 is when the fourth Bitcoin halving is anticipated to occur.
When Bitcoin is halved, the pace of new supply is lowered by half and mining incentives are reduced by half.
Following the halving occurrence, analysts predict that Bitcoin will see a positive trend.
When the number of bitcoins available to miners drops to half during a bitcoin halving event, they will have to fight to add new blocks to the blockchain in order to get the remaining bitcoins. This procedure, which happens about every four years, is hardcoded into the Bitcoin blockchain. According to the snapshot that Zhao uploaded, the next halving is scheduled to occur 135 days from November 19, 2023.
