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Is the halving effect over?
95% of $BTC is already mined.
Supply comes from early adopters.
Demand now flows through ETFs, wealth platforms, and corporate treasuries.
This isn’t about block rewards anymore, it’s about liquidity and flows.
Agree or disagree?
11.8. klo 09.12
It seems more likely than not that the 4 year cycles are over. Halvings are immaterial to trading float, 95% of the BTC have been mined, supply comes from buying out OGs, demand is the sum of spot retail, ETPs getting added to wealth platforms, and treasury companies.
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