The Shift from Halving to Macro Dynamics

Everyone still talks about the 4-year halving cycle. <break time="0.6s" /> But here’s the plot twist:

It might already be dead. Why? Because demand flipped the script.

The halving cuts 900 BTC a day. Institutions buy 7× more than that. Every.

Single. Day. <break time="0.8s" /> When demand outweighs supply this hard… the halving is no

longer the driver. Macro is. Growth expectations. Rates. Global liquidity. <break time="0.8s" />

80% of Bitcoin’s price moves this year were driven by macro signals.

Not mining. Not halvings. <break time="0.8s" /> Bitcoin is being pulled into the traditional

financial system. That means it trades like a global macro asset. <break time="1s" /> So yes—