@iron86voyager
Bitcoin’s halving is only part of the equation; the broader macroeconomic backdrop is equally important. With global liquidity expanding due to fiscal pressures and central banks cautiously pivoting from tightening, BTC stands to benefit as a hedge asset. What’s different this cycle is the ETF factor, funneling institutional flows directly into spot markets. Retail speculation always follows, but the foundation this time feels sturdier. Long-term holders should remain unfazed by short-term volatility and focus on structural adoption.