What happens to your Bitcoin on halving

Posted on March 14, 2023

As the Bitcoin community eagerly awaits the upcoming halving event, it’s crucial to understand the significance of this phenomenon and its potential implications for both investors and miners. In this blog, we’ll explore the details surrounding the BTC halving date, the meaning of halving, historical price trends during previous halvings, the reasons behind this unique occurrence, and its repercussions for miners and the broader market.

The Bitcoin halving event is approaching, where the number of new coins earned by miners will be reduced. The limited supply of new Bitcoins makes it a store of value like gold, not like fiat currency. Halving happens every four years to combat inflation and maintain scarcity, with the hope that the price will rise with demand. This makes Bitcoin an appealing investment option for those looking to benefit from increasing demand and limited supply.