VanEck: Bitcoin Price Historically Increased Following Halving

May’s halving will reduce the amount of Bitcoin rewarded to miners, and in turn, increase the coin’s scarcity.
Considering this scarcity – think supply and demand – as well as historical data of the previous two halvings, Bitcoin’s price may see a remarkable bump in the months following the event.
Halving Historically Leads to Massive Gains
The so-called “halving,” a 50% block reward cut to production rate, is a mechanism programmed into the Bitcoin bloc