For 2024 halving there is - high percentage of long term hodlers - block reward cut to 3.125 - multiple ETFs on the way which will give purchase option for institutions along with some much needed regulatory clarification - the buyers of ETFs will generally be high value purchasers AND long term hodlers combined - once ETFs are approved, the new buyers will understand scarcity and race to fill their bags. Game theory masterclass.
For 2028 halving - if you thought there was not much supply available at 2024 halving, just wait for the 2028 halving. Hodling rate will be insane. - block reward cut to 1.5265 - if 2024 halving turns into the institutional cycle, what happens if the 2028 halving turns into the nation state cycle....forget diminishing returns. And if nation state adoption actually occurs within the 2024 cycle, which is definitely a possibility, hold onto your hats.
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