btcfeen on Nostr: I really think at some point we are going to get a fear trade for btc (as opposed to ...
I really think at some point we are going to get a fear trade for btc (as opposed to a greed trade). So far these 4 year cycles have been based around the halving and supply reduction. This has led to a lack of supply and the same demand. Eventually price has to go up to meet new sellers. This reaches a fever point when btc meaningfully breaks the ath. This cycle it will prob happen at 100k.
This cycle might still be driven by boomers trying to get 1-5% allocation to btc in their iras and by wealth managers.
At some point people will come to btc as bonds or real estate are falling, realizing btc is the superior form of SOV and they don’t have enough exposure.
Right now people pile into stocks and real estate bc the fiat has no value. Housing degrades over time, has a property tax and can’t be moved on a whim like btc.
This cycle might still be driven by boomers trying to get 1-5% allocation to btc in their iras and by wealth managers.
At some point people will come to btc as bonds or real estate are falling, realizing btc is the superior form of SOV and they don’t have enough exposure.
Right now people pile into stocks and real estate bc the fiat has no value. Housing degrades over time, has a property tax and can’t be moved on a whim like btc.