Exactly three years ago, we had the third ever Bitcoin Halving happening. Now we are just under one year away from the next one.

Three years ago from today, we had an historic day happening for Crypto, the third-ever Bitcoin Halving on the 12th May 2020. Undoubtedly the Halving is the most important even for Bitcoin and thus for all of Crypto, that is the event where the speed of the supply entering the market gets slowed down even further, thus creating even more scarcity.

Three years ago we had the Bitcoin mining rewards being cut down from 12.5 BTC to 6.25 BTC and inflation of the Bitcoin supply had dropped below 2% and is even all set to drop below 1% during our next Halving in 2024.

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Day Until Next Halving Chart

Interestingly, we did not immediately have a bull market due to the Halving, but instead dropped down actually. Which likely has to do with the front-loading of that event. That will likely not be much different in 2024. But just as in 2020 too, we can expect a proper bull market directly afterwards, once demand enters the markets too.

Now it is all just waiting until the next Halving and any turbulences on the way will just be very short-term, just like right now. We gotta concentrate on the bigger picture.