P.S. this is also why BTC halving cycles are a bullshit framing for price. Have said this for years.
𝐓𝐗𝐌𝐂
𝐓𝐗𝐌𝐂31.7.2025
With respect....crypto never had its own special four year cycle. This is misunderstood. Bear markets and risk cycles are ubiquitous and have been since the beginning of price for BTC. The ETFs didn't change that - but they did tighten the relationship with tradfi.
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