But not all else is equal.
At $30k btc, the halving will take $27 million in new supply off the market per day (minus whatever % miners will HODL themselves anyway). Global liquidity can add or remove billions of dollars worth of new demand within any given multi-month timeframe.
Actually half that. The halving will take off $13.5 million in new supply from the halving. Global liquidity can move billions.
Wondering if the miner-flippers, those who sell immediately, will also have a positive impact as they will have 1/2 the "supply" to dump on the market. Not sure how to calculate this exactly, but as long as price holds would guess this to be a net positive.
