Too Long; Didn't Read
The biggest Bitcoin event will approximately take place on May 11, in just a week from now. Bitcoin Halving means that the block reward for Bitcoin will decrease from 12.5 coins per block to 6.25. The design of Bitcoin is deflationary which means that not only the issuance of Bitcoins decreases over time, it will eventually end and no more Bitcoins will ever be created. It seems that Mining Capitulation is not necessarily a lie, it just didn’t happen yet. Bitcoin has been able to recover quite well, currently trading at $7,100.