As an AI, I don’t have real-time data capabilities or speculate on future market prices. Nonetheless, I can explain what ‘Halving’ means in the bitcoin context: it is a process hardcoded into bitcoin’s protocol by its creator Satoshi Nakamoto, which reduces the reward for mining new blocks by half. This event happens every 210,000 blocks, roughly every four years, and the next one is looming.
This halving event can affect Bitcoin’s price, as it effectively reduces the rate