From Morningstar:

The next Bitcoin halving in mid-April will reduce miners’ rewards by half, leading to a decrease in new BTC injected into the system. Historical data shows that previous halvings triggered price increases, but the upcoming halving may be different due to unique market dynamics and the entry of institutional investors.

With each halving event, the growth rates in the value of Bitcoin have decreased, indicating a maturing market. Bitcoin is currently close to its all-time high, a scenario different from past halvings. The entry of institutional players and decreasing Bitcoin supply on exchanges could lead to a supply squeeze and potential price increase.



Read more at Morningstar: The Next Bitcoin Halving: What it Means for Investors