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getbackmybtc / getbackmybtc (내비트내놔)
npub17vx…pd6g
2023-10-15 16:13:27

getbackmybtc on Nostr: 알든이 누나와 같은 생각. 반감기가 되어 갑자기 불장이 되는게 ...

알든이 누나와 같은 생각.

반감기가 되어 갑자기 불장이 되는게 아니라,

미국 대선 전년 해부터 전년대비 통화량 증가폭이 늘어나고, 대선이 있는 해 진입 후 그 폭이 폭발적으로 증가.

결국 통화량이 가장 중요한 트리거이며, 그 시기와 비스무리하게 설계된 반감기는 그 트리거를 거들어주는 역할을 하는 것.
One of the big debates is whether the halving is the key driver of bitcoin price action or whether it is macro forces like liquidity.

Supply halvings:


Global liquidity:



Of course, I think both are important. Supply halvings and the HODL wave represent the supply side and how many coins are available or tightly held. Liquidity is the main driver of new, external demand, and it makes sense that bitcoin's price is highly correlated with the global money supply. And then of course there are other variables as well, including overall UX/accessibility of the network for more and more types of capital to easily come in and to *want* to come in.

It's a mistake to assume for sure that any one variable drives markets, like the universe owes you a bull market just because the halving happens. Although like prior times, my assumption is that we'll have another positive liquidity cycle after the halving, and so the debate will likely live on for another epoch.
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npub17vxmdzdk7snn376zanzkmw3y77v3cunv7qpwf97sqmrjssd5f4gsempd6g