Historically, we look at the halving as the only driver. But in 2026, we have a different landscape:
1. US Strategic Bitcoin Reserve discussions.
2. Institutional ETFs holding over 100% of new supply.
3. Lower volatility compared to tech stocks like Nvidia.
We aren't in a 'cycle' anymore; we are in a 'structural shift.' I expect a higher floor (60k-70k) even in pullbacks. Thoughts on the diminishing volatility?