Bitcoin has recently rebounded, reclaiming a value of $67,000 after a $200 billion slump. This resurgence comes as the cryptocurrency community anticipates the fourth Bitcoin halving event scheduled for mid-April 2024. Coinbase Institutional, a major cryptocurrency exchange, has released a primer for investors, drawing parallels between the current halving cycle and the 2018-2020 cycle. Despite the optimism, Coinbase has cautioned that the halving event does not guarantee a rally for Bitcoin. Benchmark senior research analyst Mark Palmer, speaking with Yahoo Finance, noted that historically, Bitcoin has seen an extended rally following halving events, lasting about 18 months.