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• Two Years Since the 2024 Halving: The Supply Shock Worked. The Cycle Calendar Didn't.
  2026-04-14 · bitcoin — The fourth Bitcoin halving turns two on Saturday. The protocol delivered exactly what it promised: a clean cut to new issuance and a stress test for the mining industry. The four-year cycle theory built around it did not deliver what it promised. The gap between those two statements is the real legacy of 2024.