As Bitcoin gains attention once again, the concept of “halving” has emerged as a critical factor influencing the cryptocurrency’s value and market dynamics. As a result, many market participants are providing their latest Bitcoin price forecasts.
Understanding the impact of the halving on Bitcoin is essential for investors. Bitcoin halvings occur every four years. It is an event that halves mining rewards and reduces the supply of Bitcoin. As a result, its impact is highly debated, and the leading cryptocurrency usually rises after this event.