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if you look at the history of btc, its rises have always coincided with liquidity cycles as well as halvings. Or is btc heavily tied to liquidity cycles? Similarly, its possible liquidity cycles are the bigger driver verse the halvings, but most likely its a 1+1=3 scenario. demand shock = US spot ETFs (and incoming Hong Kong spot ETFs very soon) Behindthechair.com | Education & Inspiration for Professional Hairstylists.
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