Bitcoin halving still a supply shock, but policy, ETF flows \& institutional access now dominate. Fed cut rates to 3.50%-3.75% Dec 10, 2025; BofA expands crypto ETP access Jan 5, 2026. Past halvings saw big gains but deep drawdowns. $BTC
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Bitcoin halving still a supply shock, but policy, ETF flows \& institutional access now dominate. Fed cut rates to 3.50%-3.75% Dec 10, 2025; BofA expands crypto ETP access Jan 5, 2026. Past halvings saw big gains but deep drawdowns. $BTC