#bitcoinhalving #Write2Earn The Bitcoin halving event may seem mundane at first glance, but its significance deepens when considering the intricate interplay of sentiments, global events such as potential conflicts like the Iran-Israel war, and the technical intricacies impacting its market. In essence, Bitcoin halving represents a reduction in miners' rewards by half upon achieving a specific block milestone. This scarcity inherently renders the coin more valuable and potentially more widely embraced. Yet, the misconceptions surrounding this phenomenon have sown seeds of fear, uncertainty, and doubt among traders, overshadowing its true potential.
Bitcoin halving.
Their is nothing spectacular about Bitcoin halving however, the sentimental analysis (different people's opinion and view), fundamental analysis (the global crisis e.g Iran-Isreal war) has contributed negatively on technical analysis resulting to FUD(fear uncertainty and doubt).
Bitcoin halving, in a lay man English is simply: reduction in halve the miners rewards when a certain block is achieved. This would inturn making the coin to be more scarce, more valuable and be more adoptable however, the misconceptions behind the coin halving has created FUD among traders!