What is halving?

It is the reward for miners that is reduced by half. Before they were rewarded with 6.5 bitcoins for each block mined, and after the halving, it becomes 3.25 bitcoins, which reduces the supply and its scarcity in the market. Naturally, greed becomes above 70%, meaning demand increases, which increases the possibility of the price of bitcoin rising to imaginary prices. This The event is every 4 years