Crazy how much has changed in four years with regard to cycle theory. In 2021 everybody would talk about the halving cycle all the time. Nowadays people basically think it’s hogwash and there is zero credence to it. Part of me still believes in the halving cycle theory because of the psychological implication of it; every new halving, a group of normies learn that the supply issuance rate was just cut in half, permanently. This sends them into an internal panic . Is the four year halving cycle price theory dead?