After Bitcoin Halving, we will see a period of sideways or decreasing prices. This happened because the Puell Index, a fundamental metric that relates Bitcoin's current supply compared to the average daily supply over a year, decreased significantly. Reducing the rewards given to miners reduces the number of new Bitcoins entering the market each day, thereby reducing the average daily supply sent to the exchange thereby reducing selling pressure.

Analysis shows that the Halving leads to a change in the dynamics of the Bitcoin mining market. With average daily supply decreasing, there will likely be less selling pressure from miners, which could impact prices and network activity. This observation is consistent with historical patterns and important for understanding Bitcoin's supply and demand dynamics following key events such as Halving