<oembed><type>rich</type><version>1.0</version><title>JoeCoffey wrote</title><author_name>JoeCoffey (npub1xu…vp8d7)</author_name><author_url>https://yabu.me/npub1xuzedlwpkwsrwnht0vwuhkqjgz7ffm9pu53c2ht2arjctgdrzd9qnvp8d7</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>So many bitcoin luminaries, great people way smarter than me, as well as YouTube and x grifters have been talking non stop bullish around the combination of the etf and the halving. &#xA;&#xA;But none of them, that I have heard, have considered the 600k disgruntled gray scale btc that might have been waiting for years to escape and now they have their chance. &#xA;&#xA;At the halving the yearly output will be approx 160k btc which over 4 years is just over 600k.&#xA;&#xA;This means the halving might not actually happen if all the gbtc is sold as well. &#xA;&#xA;The supply shock could well be too much bitcoin! </html></oembed>