SwBratcher on Nostr: See if your team thinks there’s anything to this?… ...
See if your team thinks there’s anything to this?…
quoting nevent1q…983vI was thinking about total Bitcoin price response being made up of distinct parts:
1) Adoption Demand,
2) Supply Halving, and
3) Fiat Devaluation.
But, when we judge a new all-time high, it’s oft from three to four years ago. A lot of devaluation may have happened in that time. So, if we look at the bitcoin price against the US consumer price index median year-over-year, suddenly there’s no all-time high yet, the pattern stabilizes, and next steps look queued up nicely as we beat our head against the past all-time-high wall. Is my approach an effective method of removing the inflation impact on price levels? Definitely seems to cut out some of the price chaos.
