Bitcoin halving events are among the most closely watched mechanisms in the cryptocurrency market, directly impacting supply issuance and long-term price dynamics. Occurring approximately every four years, halvings reduce the reward for mining new blocks, tightening the rate of new Bitcoin entering circulation. Historically, these events have preceded major bull cycles, driven by reduced supply and increasing demand. However, as the market matures and institutional participation grows, the impact of halvings is becoming more complex.