The next Bitcoin halving is imminent and price volatility is likely
For only the fourth time, there is a Bitcoin Halving on the horizon. Occurring -- roughly -- every fours years, the first took place in November of 2012, the second in July of 2016, and the third in May of 2020. The next is due on April 19 or 20.
The exact date and time is not known as a halving takes place every 210,000 blocks, and it is a mechanism designed to make Bitcoins rare. But just what does it mean in practice for both miners and investors? While it is hard to predict precisely what will happen, market volatility is likely to be the order of the day.