The crypto market is expecting a fourth Bitcoin (BTC) mining reward cut in April 2024, hoping to spur significant growth given its past reputation as a major bullish catalyst.

- Reducing rewards will reduce the rate at which Bitcoin's supply expands by 50% every four years.

- Previous reductions in rewards occurred in November 2012, July 2016 and May 2020, after which Bitcoin showed a triple-digit price increase to new all-time highs.

- Growth in M2 money supply from the four major central banks could impact the expected uptrend following remuneration cuts.

- Overall M2 money supply growth remains below 6% this year, and the likelihood of liquidity resuming in the coming months appears low.