Markets Insider writes about it.
A halving is a halving of the reward for mining a particular coin.
The last halwings took place in 2016 and 2020, and crypto analysts expect the next one to take place in 2024.
“We’re probably in the early stages of a bear market right now,” Du Jun said.
“But the next halving is really hard to predict accurately because there are many other factors that could also affect the market – like geopolitical issues, including the war, or the recent COVID,” he added.
“After this cycle, we may not see the next bitcoin bull market until late 2024 early 2025,” the expert argued.
A bull market is a period when prices are constantly rising, while a bear market is the opposite.
According to Coindesk data, over the past 24 hours, crypto-assets lost about 2% of their value, for the week – 11%.