Understanding Bitcoin’s Four-Year Halving Cycle
bitcoin’s four-year halving cycle reduces the block reward by 50%, slowing new supply. This programmed scarcity often influences market sentiment, miner behavior, and long-term price dynamics.
Capitalizations Index – B ∞/21M
bitcoin’s four-year halving cycle reduces the block reward by 50%, slowing new supply. This programmed scarcity often influences market sentiment, miner behavior, and long-term price dynamics.
bitcoin’s market value is driven by the balance of supply and demand: fixed issuance, halving cycles, investor sentiment, and macro trends all interact to influence price movements.
bitcoin’s four‑year issuance halving cuts block rewards by 50%, slowing new supply. This programmed scarcity influences miner incentives, market dynamics, and long‑term price expectations.
bitcoin isn’t backed by gold or governments, but by code, scarcity, network security, and user trust. This excerpt explains the real forces that sustain its value.
bitcoin’s fixed 21 million supply cap creates a structurally deflationary framework, contrasting with inflationary fiat currencies whose supply expands through central bank policy.