As the BTC ETFs are now approved, the market is looking onto the next bullish catalyst for the crypto market known as the BTC halving event. The BTC halving event takes place every four years and cuts the rewards for Bitcoin mining in half. It has occurred three times so far in 2012, 2016 and 2020. The next halving event is on April 22nd, a month prior to possible ETH ETF approvals.

Looking at past data reveals mixed patterns in BTC halving occurrences leading up to the event. Some data suggests market corrections preceding the halving, while other data points to market surges. However, a consistent trend emerges for all post-halving periods, showing that each of the three halving events initiated a bullish cycle in the crypto market on HTF. This indicates that any market correction around the BTC halving event is a generational investment opportunity from a a long-term perspective.

The first BTC halving was followed by a 10300% rise of BTC over a period of 12 months.
The second halving event was followed by a 3000% rise of BTC over a period of 18 months.
The third halving event was followed by a 750% rise of BTC over a period of 18 months.

After each halving event, the percentage move by BTC decreased significantly compared to the previous halving event. Nevertheless, the halving event has historically initiated a super cycle that lasts between 12 and 18 months. This year, the BTC halving event meets other bullish events such as the BTC and ETH ETFs. A possible long-term impact of ETFs includes an increase in the demand for BTC. On the other hand, the BTC halving event reduces mining rewards for BTC by 50%, effectively reducing the supply of BTC. Looking at the supply and demand chart in economics, an increase in asset demand paired with a reduction in its supply typically results in an increase of the asset's price. In our case, an increase in the price of BTC.

The market will speculate about this

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