npub1y4…nzp9r on Nostr: Short term that may be the case, however the market is balanced and slightly favoring ...
Short term that may be the case, however the market is balanced and slightly favoring the bulls last few weeks/months. With supply to be cut by 50% in 5 months time, speculators will not have large risk (short) positions in front of a rolling train. Additional demand is not required (when supply is halved) for price to rise to reach equilibrium.
Published at
2023-12-03 20:15:37Event JSON
{
"id": "93c8736be4dcfac170b4a231dcd7237f5303310fc39dc4c1940f15d51c0ed615",
"pubkey": "2547bf441acbcf77f34c91c997c1ce98941889d1f24462e19cab14cb8b15e6df",
"created_at": 1701634537,
"kind": 1,
"tags": [
[
"e",
"98a08dbde4bf1b02b4e62e204b2fe479af7173ff112e6846b655ac53cc7407cd",
"",
"root"
],
[
"e",
"1fbdf12b08b1701b6cdd953733ed158e86d3cdba967095cc5d6b50440989caaa"
],
[
"e",
"a79f4dce12a43736308c66d50e803939bce39022ab8448bd0715070ef942972d",
"",
"reply"
],
[
"p",
"2547bf441acbcf77f34c91c997c1ce98941889d1f24462e19cab14cb8b15e6df"
],
[
"p",
"2547bf441acbcf77f34c91c997c1ce98941889d1f24462e19cab14cb8b15e6df"
],
[
"p",
"79d434176b64745d2793cf307f20967e27912994f6e81632de18da3106c2cbb4"
]
],
"content": "Short term that may be the case, however the market is balanced and slightly favoring the bulls last few weeks/months. With supply to be cut by 50% in 5 months time, speculators will not have large risk (short) positions in front of a rolling train. Additional demand is not required (when supply is halved) for price to rise to reach equilibrium.",
"sig": "14c021d3d51255d4eecc68977f435d7d5ba31459de4607b814c44f5eceba912d3bb8f2865d74011749ef8b1292449075a5c5b4bbe6e7eaac445adefbf6eb2517"
}