Global Feed Post Login
Replying to Avatar Cyph3rp9nk

What is happening with the price of Bitcoin?

Global liquidity m2 is stagnant and since April 13 has been going down.

Dollar liquidity has been falling sharply since June 17.

Remember:

- Halving does not affect the price, it is a small percentage of the total bitcoin supply which is the 19.7 million minus those lost, stock to flow is bullshit, it is only good for perishable goods.

- Technical indicators are not good for shit either.

- Only liquidity matters, bitcoin was created for this, to penalize central banks when they print.

Avatar
marksn 1y ago

smart money is buying, weak hands selling, always the same until the next equilibrium

Reply to this note

Please Login to reply.

Discussion

No replies yet.