Technical analysis by ALiRaza35 about Symbol BTC: Buy recommendation (3/16/2024)

This is programmed into Bitcoin's protocol to control its inflation rate. The most recent halving occurred in May 2020, reducing the block reward from 12.5 to 6.25 bitcoins per block. The next halving is expected around 2024. It often leads to increased attention from investors and can affect the supply and demand dynamics of Bitcoin, potentially influencing its price.