In the current market, I’m convinced the uptrend is mainly due to the ETFs buying BTC (
https://farside.co.uk/?p=1321). But I’m curious, what metrics do you all use to figure this out?
So according to you it's all ETFs and the halving has nothing to do with it?
IMO halving defines the cycles of bitcoin and the first time that happened people were surely surprised, but then it happened again and again and again and every time the price reacted positively to each and every halving. I'm sure that by now people have figured it out.