Around March 2028 the Bitcoin having will kick in for the next halving step. Today the reward is about 3.125 BTC. After the next halving the reward should be about 1.5625 BTC. Today we are hovering around $70K per BTC. All thing being equal would a would the price have to rise significantly, for say for the sake of argument $140K, to makeup for the drop in reward? Maybe there will be drop in global hash rate when the halving happens? It seems to me if the price of BTC does not start climbing mining may be much less profitable and miners will get unplugged?
What are your thoughts?
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