Bitcoin Halving is an event that cuts miners' rewards by 50% and takes place every four years
Since its launch in 2009, Bitcoin has gone through three Halvings.
The first Halving was on November 28, 2012.
The second time was on July 9, 2016.
The third time on May 11, 2020.
It is expected that the next Halving will take place on April 12, 2024
In the past, Bitcoin prices have fluctuated periodically about every 4 years. Typically, Bitcoin will reach its all-time high price, then there will be a major correction.
After having, if they want to hold more BTC, they will have difficulty because the supply is no longer as abundant as before, leading to an imbalance in supply and demand, causing Bitcoin prices to often increase.
Bitcoin history shows that the price of this token always increases after Halving takes place.
The expected price of 100,000 USD is the next target for bitcoin.