My take on the future cycles & the diminishing significance of halvings
▪️ The end of the 4-year cycle
▪️ Halvings importance declining
▪️ S2F played its role but has come to an end
▪️ Cycles changing
1/14
In the past, cycles were determined & driven a lot by the halvings as it halves the rewards for the miners by 50% every 4 years
In the beginning, the rewards were huge & the halving was very drastic affecting the price a lot but as time goes its importance declines sharply
2/14
As time goes, less & less #BTC is sold on the market by the miners and each halving ensures that the significance of it is declining in absolute numbers.
This leads to the breakdown of the common myth that #Bitcoin is just gonna continue its 4-year cycles for eternity.