Bitcoin halving is a major significant event that willing continue to influence the market positively. As long as BTC supply keeps reducing, there will continue to be high demand of BTC.
That is the basic law of supply and demand. And what better asset to proved this than Bitcoin. And basically you can see it like in 2017 and 2021 wherein the price really took off, establishing new all time high price. For this cycle, there has been speculation that it can reach as high as $180k.
The fact that Bitcoin halving events are actually taking place has become widely recognized now, and it plays a pivotal role in the cryptocurrency market and drives speculative fanatism and interest from investors, miners, and even enthusiasts. To understand the importance of halving events, it is crucial to attentively analyze them, as they can affect supply, market sentiment, and the cryptoecosystem as a whole.
That is the obvious fact, that's why it is one of the most anticipated event every 4 years. There are even a lot of halving countdown websites although there is no accurate prediction on when it is exactly going to happen. And with that, it is the catalyst for a massive bull run that is going to happen. Although there could be some factors as well in the background for this cycle like ETF's and Trump being elected as the US President.