What is Bitcoin Halving?
(Aprrox 165 days till halving )
"Bitcoin halving is when the reward for Bitcoin mining is cut in half. Halving takes place every four years. The halving policy was written into Bitcoin's mining algorithm to counteract inflation by maintaining scarcity. "(Forbes)
The Bitcoin halving reduces the pace at which new Bitcoins are generated and enter the market. Consequently, there is a decreased supply of freshly minted BTC for acquisition. This constrained supply creates a sense of scarcity, potentially leading to a price increase if demand for Bitcoin remains constant or grows.
