Too Long; Didn't Read
Bitcoin’s halving is estimated to take place on May 12th, 2020, and it will slash the reward miners get from 12.5 BTC to 6.25 BTC. Currently, the network produces 1,800 BTC every day, and this is about to be reduced to 900 BTC. Historically, the price of Bitcoin has increased substantially following the past two halvings. Some argue that the Bitcoin halving has already been priced in, but experts say it's impossible to do this ahead of time.