@charmer3
Bitcoin's halving event occurs approximately every four years, reducing the reward miners receive for verifying transactions by half. This decrease in the supply of new Bitcoin entering circulation tends to create upward pressure on the price, as the scarcity of the asset increases. Historically, halvings have been followed by price surges, as traders anticipate future scarcity and institutional investors see long-term value. However, market sentiment can be volatile leading up to and after a halving, with speculative behavior driving short-term price fluctuations. Despite past performance, each halving is unique, and market conditions at the time (such as overall market sentiment and macroeconomic factors) play a significant role in determining its impact on Bitcoin's price.
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