Bitcoin's halving events, which occur roughly every four years, historically influence market price expectations by reducing the supply of new coins, often sparking speculation and price volatility. The 2020 and 2024 halvings saw significant price surges, driven by reduced issuance and growing demand. However, as Bitcoin matures, some argue its impact diminishes due to market anticipation and increased institutional involvement. Despite this, halvings still generate hype, drawing retail and investor interest. On-chain data and posts on X suggest the 2024 halving contributed to Bitcoin's rally past $80,000, though macroeconomic factors and ETF inflows also played roles. While the halving's influence remains, its effect may be less pronounced in future cycles as Bitcoin’s supply growth slows and market dynamics evolve.