This is the correct way to think about btc price imho
Discussion
It's not. There are only so many human minds with the means to affect the price. And in the last few years the deeper concept of bitcoin has reached pretty much all of them. Before moving the bitcoin price was mostly about introducing bitcoin to new minds with the means to affect the price. Now you don't have many of those new minds left. Now, moving the price is about un-hardening already hardened opinions, old minds, a much harder task.
People forget that the price of bitcoin comes down to the personal opinions of a fixed number of people. The price of any money does.
Great charts and reasonable forecast. I expect volatility in all three with plenty of deliberate attempts to manipulate and mislead “behind the scenes.” I have neither the resources nor the knowledge to defeat the fiat oligarchy head-on.
Fortunately, simple asymmetrical warfare is a simple concept to understand, and in this case, increasing numbers of plebs fostering sustained DCA rejection of fiat money for long-term purposes can rip down the curtain, spotlight the fake wizards, and exile them to the dustbins of history!
I’ll just keep looking at my hashrate. Keeps me focused and on track.
