![Bitcoin](https://cryptobulz.in/wp-content/uploads/2024/01/Bitcoin1-768x480.webp)
Data from Glassnode, shows that the current realized market cap is just 5.4% away from $469 billon dollars, its all time high when Bitcoin was at $69,000.
![Bitcoin Halving Timeline](https://cryptobulz.in/wp-content/uploads/2024/02/Bitcoin-Halving-Timeline-768x480.webp)
Bitcoin Halving occurs every 4 years because this is the time roughly needed for mining 210,000 blocks which is the schedule for halving.
![The Bitcoin Halving Explained by Cathie Wood](https://cryptobulz.in/wp-content/uploads/2024/02/image-4-edited-768x432.png)
Cathie Wood suggests the upcoming Bitcoin halving may challenge gold's status as the premier store of value due to a sub-1% annual supply growth rate.
![](https://cryptobulz.in/wp-content/uploads/2024/02/image-768x480.png)
Bitcoin halvings, set every four years, slash block rewards for miners by half, aiming to decrease coin dependency and increase Bitcoin's value.
![Bitcoin](https://cryptobulz.in/wp-content/uploads/2024/01/Bitcoin1-768x480.webp)
Bitcoin has bounced back from its support of $41.5k and might head towards $43k