#NicCarter's theory posits that Bitcoin's halving, while reducing its supply, is less significant than in previous cycles due to increased liquidity and market maturity. Unlike earlier years, where halvings caused substantial price rallies due to limited liquidity, today's market absorbs supply shocks more efficiently.
Additionally, institutional adoption and diversified investment vehicles dampen the impact of supply reductions. Hence, while halvings remain essential for Bitcoin's long-term scarcity, their immediate effects on price may diminish over time as the market adapts and matures, aligning with Carter's view on their diminishing significance.
https://youtu.be/GrVgvzkqG64?si=h_6ghbHfsWw3YHXu
Nic Carter are you in #NOSTR