Bitcoin halving party decision-making is influenced by heuristics and biases. These can lead to suboptimal outcomes and should be considered in the decision-making process
**Heuristics and Biases in Bitcoin Halving Party Decision-Making**
The halving of Bitcoin issuance – a predetermined reduction in block rewards every four years – incites investor speculation and extreme price volatility. This analysis explores the impact of heuristics and cognitive biases on decision-making during Bitcoin halving cycles, using data from historical halvings and market sentiment surveys. Results reveal that anchoring, framing, and availability biases significantly influence investment choices, leading to predictable patterns of over- and under-valuation in the months preceding halvings. Understanding these psychological phenomena can inform market timing strategies and mitigate the impact of cognitive traps in cryptocurrency investing.