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Thought of the day:

How could Bitcoin's price appreciation be influenced by its liquidity and halving? Some individuals argue that halving is essential for Bitcoin's liquidity, leading to disagreements. Is it possible for BTC to reach ATH solely through halving while the rest of the market is experiencing a downturn?

In other words, does the UNIQUE property of halving alone make BTC an attractive asset during recession when people are running away from high risk assets?

🇩𝔢𝔠𝔢𝔫𝔱 🇼𝔦𝔰𝔡𝔬𝔪 2y ago

Will be interesting to see since it wasn't created until after last recession

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Discussion

_Sentinel 2y ago

Yes absolutely agree. However there was one critical thing missing in previous cycles, mass adoption. It’s still early. The friendly posturing of countries such as Hong Kong and Dubai will bring more users on global scale. We shall see how this turns out but I think the unique feature of halving alone could push the price up.