According to @WatcherGuru, 120,000 blocks remain until the next Bitcoin halving, indicating the network is over halfway through the current 210,000‑block epoch (source: @WatcherGuru post on X dated December 29, 2025). Bitcoin’s block subsidy halves every 210,000 blocks and the next event will reduce the reward from 3.125 BTC to 1.5625 BTC per block, a mechanically programmed supply change traders monitor closely (source: Bitcoin Wiki — Controlled supply). Using Bitcoin’s 10‑minute target block interval, 120,000 blocks equate to roughly 833 days (~2.3 years), placing the expected window in early 2028 if cadence holds (source: Bitcoin.org developer documentation on the 10‑minute block target). At 144 blocks per day, new issuance would decline from about 450 BTC/day to roughly 225 BTC/day post‑halving, a material reduction that can affect spot liquidity and miner revenue profiles (source: Bitcoin.org for target interval; calculation based on 144 blocks/day × block subsidy).