Every four years, Bitcoin’s block reward is cut in half. This “halving” reduces the flow of new Bitcoin entering circulation and has historically triggered powerful bull runs. {tweet} The pattern has been remarkably consistent: Bitcoin rallies first, followed by Ethereum and large-cap altcoins, and finally smaller tokens enter an exuberant “altseason.” The cycle usually ends with a sharp correction roughly 18 months after the halving before the process resets. The typical flow of capital has long been: Bitcoin → Ethereum → Large Caps → Small Caps. This sequence has made Bitcoin’s halving one of the most anticipated ... (full story)