Bitcoin Breaks 14-Year Cycle: Post-Halving Year Closes Red for First Time

TLDR: Bitcoin’s post-halving year closed negative for the first time, ending a 14-year pattern Supply shock impact diminished as 2024 halving reduced daily issuance by only hundreds of BTC Liquidity conditions and interest rates now drive Bitcoin more than traditional halving cycles Institutional flows and business cycles have replaced retail speculation as primary market forces [...]

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