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Speaker 1: Bitcoin's four -year cycle is dead, and the math proves it. The whole cycle was built on

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Speaker 1: one thing, the halving. Every four years, new supply gets cut in half, and price used to

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Speaker 1: explode. But look at what the last halving actually did. It removed 450 Bitcoin

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Speaker 1: a day. At today's price, that's about $37 million. Now compare that to the ETFs. On their

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Speaker 1: biggest day, they pulled in $1 .37 billion. that's 37 times more than the

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Speaker 1: halving's entire daily effect in one session so the halving didn't disappear it just got

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Speaker 1: drowned out bitcoin isn't driven by its issuing schedule anymore it's driven by

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Speaker 1: institutions liquidity and the fed just like every other macro asset and yes the last top

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Speaker 1: still landed relatively close to schedule but if you're waiting for the calendar to tell

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Speaker 1: you when to buy and sell you're waiting for the wrong thing if you want to know more about

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Speaker 1: how to incorporate macroeconomics, well then I have a completely free trading group in my

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Speaker 1: bio.