$BTC The Truth about Halving nobody want to tell because it scares the bulls:
🟥 Everything that will be mined Until Halving can be sold at a profit for an average price of $40k while everything that will be mined after with the same gear will need to be sold for at least $80k with the actual difficulty based on an average price per kw
🟥 Difficulty is increased if more Miners are mining and decreased if less Miners are mining. This means that naturally most Miners that pay higher price per kw will stop mining. This will decrease difficulty and increase reward for who will be left
🟥 Large companies like Bitmiain will develop a new machine that will be profitable even for those who pay higher electricity bill. Those companies will need money to buy new machines. Part will be made by selling the old equipment to who pay less for electricity the other will be made by sales of BTC previously mined. Those companies will sell most of their reserves in a few months because they need money NOW to buy new equipment. This can drop the price to 40k that is still profitable from previously mined BTC
🟥 This sale will cause a substancial drop in price. So other companies that has average electricity bills will follow the same lead in cycle until every single company will upgrade their equipment. This urgency will force even some Miners to sell at a loss fearing that the price will go too far bellow 40k
🟥 This drops will force also many investors in particular impatient one or new in the field to cut the losses selling as well
🟩 The good thing about this is that who will keep large amounts of cash ready to invest in this down trend will make the most of it when BTC actually will chase again the 100k mark next year