The fourth Bitcoin halving event is projected to occur in 7 days, around April 20, 2024, with the mining reward for Bitcoin set to decrease once again following previous halvings in 2012, 2016, and 2020.
10x Research anticipates a challenging six-month period for the cryptocurrency market, as Bitcoin miners might sell off $5 billion in BTC inventory post-halving, potentially destabilizing the market and leading to a sideways trading pattern.
The fourth Bitcoin "halving", a significant event reducing block rewards thereby decreasing new cryptocurrency production, is anticipated in less than 15 days with 2,190 blocks to go, per BTC.com.