steepdawn on Nostr: The halving also didn't do shit, despite all these price model promises. Yet pundits ...

The halving also didn't do shit, despite all these price model promises. Yet pundits come up with new wild excuses why Bitcoin today is stuck at the same price as 3 years ago when Taleb announced he sold all his BTC, everybody yelled "NGMI".

The problem is: all these price projections are based on historical data when the economy was in the longest and biggest economy bull market since the war. The "everything bubble" lifted every boat, incl. BTC (albeit over-proportionally). None of this means anything in a world of crisis and war