Miners are selling
Folks like Microstrategy are buying
Halving is coming
Bitcoins will get expensive when miners are emptied out
Less words and explanation but this means a lot.Folks like Microstrategy are buying
Halving is coming
Bitcoins will get expensive when miners are emptied out
Everyone should pay attention to these factors especially the halving. Can you think of it that we're half way to the next halving? 2020 started the pandemic and we're pass two years already and that's when the past halving happened.
People do see the market now as bad and down but this will give you idea that these institutions are getting greedier when price has come down. They're all buying at any price under the last ATH.
Fear == opportunity
Each halving doubles the Bitcoin price.
The halving used to be the lowest point in the log curve.
The last ATH was cut short IMO screwing up the cycle and ATH.
This all means that this next ATH is going to be better than anything we have seen before.
I'm hoping for 200k but my maths say 400k is not out of reach. (Power law curve)
The capital or investment on this one for those who are holding is a big and totally much patience. I hope that the new investors around will adopt that as well and won't be too impatient.
I've personally witnessed these halvings and just like what we're in the process, it is inevitable to hit those prices.