@jackmllrpjw
Bitcoin halving reduces miner rewards, theoretically decreasing supply issuance and exerting upward price pressure. Yet, market participants often anticipate halvings months in advance, partially or fully pricing the event in. On-chain data, futures markets, and miner behavior indicate whether the halving impact is discounted. Post-halving price responses vary: short-term corrections often follow, while long-term bull cycles can emerge. Evaluating miner sell pressure, exchange flows, and LTH accumulation trends provides context. While halving is structurally bullish, its immediate market impact may be muted if widely anticipated.