58 days to go until Having ⏰
For those who do not know what halving means and what it is:
- Halving is when the amount of Bitcoin mined by miners is reduced by half, which happens every 4 years. This means that the supply will decrease and the demand will increase, and this will increase its price and in all markets in general if that commodity is scarce and the demand for it increases, it will become rare and expensive.
- Meaning: Since Bitcoin will become less in the market and the demand will increase, this event is considered an event to promote and encourage investment in it, it will not be like any news that people receive every day.
To make it easier to visualize, the image below will give you statistics to easily grasp, the Bitcoin mining rate in 2024 is 3.3% and after 4 days, this rate will gradually decrease. Therefore, every time the percentage decreases, Bitcoin becomes rare, the demand for it increases, and its price becomes higher.