Next Bitcoin Halving Just Over One Year Away – Here’s What Could Happen to the BTC Price

The next Bitcoin halving, where the BTC reward delved out to network validators per block mined will be halved, is coming up in just over one year and this could be a key theme in the Bitcoin market in the coming quarters.

In April 2024, this block reward will be slowed to 3.125 BTC, slowing Bitcoin’s inflation rate from around 2.0% to around 1.0%.

Bitcoin’s inflation rate is designed to continue falling and tends towards zero in order to ensure that the BTC supply never surpasses 21 million.

Bitcoin has thus posted gains from the date of the halving to the next market peak of roughly 83x, 29x and 8x.

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