Halvings matter less and less. It is a feature not a bug.
Adoption matters more and more.
Discussion
Yeah for sure, supply cuts are expected, it could be priced in earlier than we think, but who the F is selling is my wonder? If you've seen this thing do100k why wouldn't you be hodling
I also wonder who is selling, and then also whether all these bitcoin Treasury companies are just buying rehypothicated paper bitcoin -- because there does seem to be a bunch of new demand, and the idea of selling at this scale doesn't compute. 🤔