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Replying to Avatar curt finch

Anything is possible but to me this seems very unlikely

I do see a decline in volatility since about 2022 early

Therefore I think the MV RV going up to a very high number is a low probability this time

Every time the reward for mining drops in half the importance of mining drops in half and so the four-year cycle becomes less of a thing and it is already very much not much of a thing

But you can see from the numbers that institutions are buying and individuals are selling

When the individuals stop selling, the long-term holders, who aren't holding, then it's going to shoot up to 150 pretty quickly

What you see in the graphs is that it went up to the 40s stay there for a few months went up to the '70s stayed there for 8 months went up to the hundreds essentially stayed there for so far 7 months.

Within a month or so it's probably going to go up to 150 and then stay there for 8 months

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TheBitcoinManual 8mo ago

We also don't know how much leverage is building up right now, which can also put pressure on spot prices to the upside! My guess is also 150 as the top of this cycle, i am wondering who are the sellers though? Miners? Shitcoiners who need to keep their project going? Long term holders who want to make that big purchase like a home?

Who is selling??

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curt finch 8mo ago

I don't know but I wish they would sell more & crash it cuz I need to buy more

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