There are 364 days left until the BTC halving, which Bitcoin (BTC) maximalists see as one of the bullish scenarios.
With a limited supply of 21 million BTC, halving takes place every four years. In these halvings, block rewards are halved, which Bitcoin mining also closely follows. In the last BTC halving, the rewards were reduced from 12.5 BTC per block to 6.25 BTC. In the upcoming halving, block rewards in Bitcoin will be reduced to 3.25 BTC.
According to data provided by Oklink, the day of the Bitcoin halving has started to become clear. Oklink expects the next Bitcoin halving to take place on April 28, 2024. There are 364 days left until the halving, which Bitcoin maximalists see as a bullish scenario.
Bitcoin (BTC) Halving, 364 Days Left
For Bitcoin (BTC), which starts a bull run every halving period, the next halving is expected to take place after 364 days.
According to the data provided by Oklink, the halving, where the block rewards will be reduced to 3.25 BTC, is planned to take place after 52,531 blocks.
Looking at the previous Bitcoin halvings, there was a rise in the crypto market with the reduction of BTC rewards. Inspired by historical data, Bitcoin maximalists think that there may be a rise after the halving next year.
Reaching an on-chain transaction volume of $ 4.53 billion in the last 24 hours, BTC has 868 thousand active addresses. There has been an increase in the estimates that these numbers will increase during the halving period.
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