Bitcoin halving reduces miners' block rewards, potentially increasing sell pressure as they cover costs. Historically, miners sell reserves to offset halved income, which may depress prices short-term. However, recent data shows miner sell pressure at its lowest since the last halving, suggesting confidence in price recovery. Efficient miners with lower break-even costs (around $53K) are likely to hold, reducing liquidation. Post-halving, annual sell pressure could drop by $14B, tightening supply and boosting demand. While some predict a price dip to $73K due to miner sales, others see less impact as inefficient miners exit. The market may stabilize within 2-5 months as supply-demand dynamics adjust, potentially supporting higher prices.