The next Bitcoin Halving is (roughly) about a year away and is estimated to occur in April, 2024. It's when the block subsidy that’s rewarded to Bitcoin miners is halved.

Currently in 2023 the block subsidy is 6.25 BTC, but next year it will reduce to 3.125 BTC once the Bitcoin Blockchain hits a block height of 840,000. It happens to help ensure a fair, automatic and even distribution of all 21 million bitcoins over time. As time goes on, the amount Bitcoin miners are paid halves every 210,000 blocks (roughly every 4 years). This means that those who are involved in the network and help mine it earlier on are rewarded much more than those that come later

Why every 4 years? Because the halving occurs every 210,000 blocks

The halvings will continue until around 2140. After this, the Block Subsidy will be reduced to 0 and the Block Reward will be entirely made up of just transaction fees

Each Bitcoin Halving cycle has had a distinct influence on Bitcoins price, all of them hugely positive

While the actual day of the halving isn’t usually anything to write home about price wise, it’s clear from the past two that when you zoom out a bit there’s a huge price appreciation that has happened every time

And with a year to go, the question becomes... have you stacked hard enough anon? And do you think the price will see a lower, same or higher increase as the last halving?

Note: We're 100% focused on Bitcoin for the huge amount of problems it fixes and the freedom and security it gives billions of people everywhere rather than its price. But every now and then we also like to have fun trying to guess where prices might go 🤑