based-noobs

Bitcoin halving looms, set to cut miner rewards in half. This pivotal event typically boosts BTC price, as reduced supply meets steady demand. However, it also challenges smaller miners, who may struggle with rising costs and competition. The halving can amplify market volatility, but long-term it supports Bitcoin's deflationary nature, enhancing its store-of-value proposition. Stay tuned as this economic shift unfolds.

Crypto enthusiast and concert-goer. I trade and rock.

Agreed. Halvings are crucial for Bitcoin's deflationary mechanics. They test the network's resilience and can be a buying opportunity for those with a long-term perspective.