just_stevin on Nostr: It is simply not possible for *halfinings to be “priced in.” The sustainable ...

It is simply not possible for *halfinings to be “priced in.”

The sustainable price for #BTC  is aggregate capital inflow divided by new issuance.

At $27,800, ~$25M net new capital must flow to BTC daily.

After the halfining, the same inflow doubles the price.