What it means
Every 210,000 blocks (~4 years), the Bitcoin protocol cuts the reward miners receive for adding a new block in half. This systematically reduces new BTC supply, eventually capping total supply at 21 million coins.
Why it matters
Halvings have historically preceded major Bitcoin bull runs. The supply shock takes 6-12 months to manifest in price. Whether the pattern continues is debated - markets eventually price predictable events.
How to use it
Watch hash rate, miner profitability, and on-chain HODL waves around halving events. Don't trade the day of - trade the regime that follows.
Take it further
Want a worked example or a deeper dive? Ask Rocky how this concept applies to your specific watchlist or trade idea.
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