In less than a month from now, and as most of you know already, another BTC halving will take place. This event which happens once every 4 years means that the pace of creating new bitcoins will halve from an average of 12.5 bitcoins issued every 10 minutes to just 6.25 BTC.

So naturally this situation makes anyone pose an obvious question: How will this halving affect the price of Bitcoin?

Many people believes that the halving will be a direct reason of BTC's price increasing because the halving will slow the supply of new bitcoins which sounds logic due to the relation between supply and demand.

However, there are many other people who thinks that the price will just drop because miners are going to find bitcoin mining less and less profitable and as a result they will simply stop BTC mining and try other promising cryptos.

Now, let's go back a little in time and remember what happened in the previous halvings.

So far, only 2 halvings happened : in 2012 and 2016. Both halvings didn't show any recorded major price changing at the halving date itself. but after months, the price was increased significantly. Yet there are no proven evidents to link that increasing to the halvings for certain..