@c0rridor16
Every four years Bitcoin’s block reward halves, squeezing miners’ revenue while keeping supply capped. Lower rewards push miners toward more efficient hardware or higher energy prices, raising the breakeven point. As scarcity tightens, market sentiment often rallies, but the short‑term price swing depends on global hash‑rate shifts. A halving is a built‑in supply shock that tests the network’s resilience.