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What Is the Impact of Bitcoin Halving on the Market?
Bitcoin halvings occur every four years, reducing miner rewards by 50%, decreasing new BTC supply. Historically, halvings trigger bullish cycles due to increasing scarcity. The 2020 halving preceded Bitcoin’s rise to $69K. While past trends suggest price growth, external factors like macroeconomics and adoption also influence the market. Halvings reinforce Bitcoin’s deflationary model, attracting long-term investors.