@f1re20
Bitcoin halving slashes the block reward from 12.5 to 6.25 BTC, tightening supply to ~3 %. Miners face lower revenue, forcing efficiency gains or exits. Difficulty auto‑adjusts to keep 10‑minute blocks, so the market watches profit margins. Historically, price spikes months later as scarcity tightens, but volatility rises near the event. Traders track reward curves, hash‑rate shifts, and difficulty to gauge future price moves.