Hey folks, ever heard of the halving? It's a significant event in the Bitcoin world occurring every four years, where the creation of new Bitcoins is halved. This event impacts Bitcoin's supply and demand dynamics. With fewer new Bitcoins, it becomes scarcer and more valuable. Historically, after each halving, there's been a notable surge in Bitcoin's price. For instance, in 2012, the bull run began just 48 days after the halving, while in 2016, it took 250 days. In 2020, it only took 150 days for the bull run to kick off. Now, we're approaching the next halving in 2024, scheduled for April 19th. Some experts predict the number of Bitcoins will double post-halving. However, it's essential to conduct your research and be prepared for potential risks before investing. So there you have it - a quick overview of the halving's history and its significance for Bitcoin. Thanks for tuning in! #bitcoinhalving #defi #BTC#nft
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