😎🟡$BTC
After 16 years and 4 HALVINGS, the data finally became convincing.
Every increase in HALVING in the history of Bitcoin coincided with major events related to liquidity in central banks. None of them can be isolated.
-HALVING in 2012: banking crisis in Cyprus.
- HALVING in 2016: situation after QE, ICO boom.
- HALVING in 2020: the Fed's balance doubled to 9 trillion dollars. - HALVING in 2024: ETFs preceded this event. The price peaked EVEN before the event.
The correlation between Bitcoin and the global money supply M2: 0.94.
The correlation between halving and price with only 4 data points: statistically meaningless.
August 2024 proved everything.
The Bank of Japan raised rates by 0.15%.
Bitcoin plummeted 25% in 72 hours.
One billion dollars was liquidated.
300,000 traders were liquidated.
This was not a halving. It was liquidity.
But here is something no one discusses.
Transaction fees range from 1 to 4 percent of miners' income. Blockchain subsidies ensure 96 percent of network security. Each halving reduces this subsidy.
The Princeton University study concludes: "No currency that proves its viability has ever worked solely on transaction fees."
Satoshi himself has taken precautions: "There will probably always be nodes willing to process transactions."
Perhaps.
We have completed 95 percent of the Bitcoin issuance schedule. 29 halvings remain. People who will witness the 20th halving are not yet born.
Halving creates scarcity.
Liquidity drives price.
The question of switching to tariffs remains completely unresolved.
US debt: 38 trillion dollars.
The Fed completed the third quarter on December 1, 2025.
Record gold prices: 4371 dollars.
The next wave of liquidity is coming. Watch the central banks. This is not the limit.
The four-year cycle is complete.
The monetary experiment continues.
