ALERT 🚨
The #BitcoinHalving reduces the rate at which new coins are created, effectively decreasing the available supply. If demand remains constant or increases, this supply reduction creates a #supplyShock, potentially driving up prices due to scarcity.
With fewer coins entering circulation, the existing supply becomes relatively scarcer, leading to increased competition among buyers, thereby pushing prices higher.
This phenomenon has historically been observed during previous halving events, indicating its impact on the market.