Halving is the next big event for Bitcoin in 2024

Approval of Spot Bitcoin ETF in the US was a game changer.

Bitcoin ETF resulted in a massive demand - that's liquidity coming into the markets.

Halving of Bitcoin will create a massive supply shortage.

The last halving happened in May 2020, and the next one will occur in April 2024.

As the name says, Bitcoin halving means that the reward for mining will be cut in half - from 6.25 BTC with a new block, to 3.125 BTC.

The last halving will happen in the year 2136 when the mining reward will be only 1 Satoshi - 0.00000001 BTC.

Bitcoin is the most deflationary asset in the world right now.

To say the obvious, halving will create pressure on the miners who mine BTC and derive their revenues from the mining reward.

Big miners will grow even further, via further investments or by consolidations.

Keep stacking Bitcoins and enjoy the ride in the bull market!

#bitcoin #halving #2024 #crypto #miners

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