Technical indicators and all that bullshit from traders is useless, what is useful is to understand Bitcoin and Bitcoin is a proxy for global liquidity, it was designed for it, it is a punishment to money printing.
The formula is summarized in:
- Increased liquidity = Increased Bitcoin price.
- Decrease in liquidity = Decrease in Bitcoin price.
There is another very important variable which is adoption, but in the short medium term the most important thing for price variations is liquidity.
I am sorry to tell you that there is no more.
You Raoul Pal? 🤔
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😂 I am not a shitcoiner
At least he's learned to hodl teh corn.
I can relate. Because I am also guilty of past dipping in and out, and the Shitcoin4Bitcoin strategy. 🫢