Halvings will continue to create hype cycles because no one knows where the floor will be during the next cycles.
Discussion
Feels like 30k is the new 10k
What’s the next equilibrium of supply and demand? 80K?
Be nice if it were 100k usd lol but really idk. Feels like this upcoming cycle will be institutional with ETFs looming and FASB rule change setting the stage. Hard to see these institutions doing anything other than hodling massive chunks of coin, which intuitively feels like it would lessen the sell pressure after a year of parabolic moves.