By Michael D. Borges | Crypto analyst and market commentator. Updated June 2024. Bitcoin Halving Explained: Why It Moves Markets The Bitcoin halving is a programmed supply cut that happens every 210,000 blocks (roughly every four years), slashing the number of new bitcoins miners earn per block by 50%. Supply drops, demand stays constant or grows, and historically the price has surged 12 to 18 months after each event. If you want to understand why Bitcoin cycles the way it…