Cory at swan said defined a god candle as a 10k move up in a 24 hr period.
I have a different take
That probably would have been a god candle last cycle maybe….
But now I’m thinking a 100k move up in a 24 hr period
Once it happens once it will happen again and again
Then in a year or 2
A “god candle” might be a million dollar move up in a 24 hour window
But it’s still not the”value” of bitcoin going up,
It’s the value of a dollar dropping to a sat.
If that happens most plebs are gonna forget being humble😂
I think soon nobody will care about dollars or the fiat price of bitcoin
It will be all about the sats
At $10m / BTC 100k will be just 1% daily move, nothing god-like 🙄
Good point
Yes, if one can't even think about dollar-sat parity, then they are bearish. At level of dollar-sat parity, god candles could be something like $1-5m daily moves which would happen when last of bigger nations are converting their reserves to BTC.
I think very soon one US dollar will buy 1 sat.
Way sooner than anyone is talking about
