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The #SATOSHI# Halving is a mechanism that allows Bitcoin to have predictable Inflation. Due to the Halving that occurs every four years, the pace of introducing new Bitcoin is gradually slowing. This rule was set by Satoshi Nakamoto (Satoshi Nakamoto), the creator of the Bitcoin, ensuring that the Bitcoin is a Deflation entity.
Since the amount of Bitcoin produced per day will be reduced from 900 BTC to 450 BTC, the selling pressure generated by Miners will decrease in the short term. In the medium and long term, the amount of Bitcoin issued will be less than half of what it used to be. It is believed that this situation will also have a positive impact on prices.
In retrospect, the pump after the halving was staggering. Bitcoin has pumped 9,000% in 12 months since its first halving in 2012. In 2016, it was 375%, compared to 600% in 2020. The pump after Bitcoin Halving led to the link between Halving and price pump.