$BTC doesn't run on a rigid 4-year clock—it tracks economic cycles, expansion and contraction phases that don't care about halvings.
The halving narrative? Getting weaker. Most coins are already out there, and institutional derivatives now dominate price action. Supply shocks matter less when futures and options set the tone.
This means macro matters more than miner math. Watch liquidity, Fed policy, and credit cycles—not just block rewards. The old playbook is fading.
The halving narrative? Getting weaker. Most coins are already out there, and institutional derivatives now dominate price action. Supply shocks matter less when futures and options set the tone.
This means macro matters more than miner math. Watch liquidity, Fed policy, and credit cycles—not just block rewards. The old playbook is fading.
