Bitcoin Halving and Bull RelationshipAs we all know, this time#BitcoinHalving is predicted to happen in April.What is this Bitcoin Halving?As you know, Bitcoin is produced by mining.Bitcoin Halving is a pre-planned event in which the reward for mining and verifying new blocks is reduced by 50% and miners earn only half the number of BTC per block mined.Will Halving Drive Bitcoin Price Soar?Contrary to popular belief, the MAIN ELEMENT that will create a new ATH for Bitcoin is not the halving. Thanks to halving, the number of new Bitcoins entering the market decreases, of course, this makes Bitcoin more valuable, BUT if the demand increases in parallel, it moves towards creating a new ATH.So How Will Demand Increase?Bitcoin already attracts attention due to its structure and current developments, but in the existing economic system, we purchase a product or service with fiat currencies.So we need a lot of money to buy Bitcoin. As we all know, there has been a contraction in the global economy for the last 2 years, meaning that efforts have been made to reduce the money circulating in the market.This shows us that central banks need to start printing lots of money again.I leave as an attachment a chart showing the money supply of major central banks with the price of BitcoinVia:
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