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Prominent Investor Says Halving Won't Have a Big Impact on Bitcoin Price, Here's Why - Forbes

www.forbes.com

Halving unlikely to have immediate impact on bitcoin price (source: Jason Williams Twitter) Twitter A block reward halving is a mechanism that is activated once every four years on the Bitcoin network that reduces the rate in which new BTC is mined. Theoretically, halvings should eventually lead to an increase in the price of bitcoin, as less BTC flows into the market approaching its 21 million cap.

However, because halvings are anticipated years in advance by both investors and miners, whether bitcoin prices in halvings prior to the events occur remains unclear. While halvings could have a long-term impact on the price of bitcoin, they are unlikely to have an immediate effect on the short to medium-term price trend of BTC upon activation.

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