Global Feed Post Login
Replying to Avatar Cyph3rp9nk

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.

Avatar
Stu 1y ago

You Raoul Pal? 🤔

Reply to this note

Please Login to reply.

Discussion

Avatar
Cyph3rp9nk 1y ago

😂 I am not a shitcoiner

Avatar
Stu 1y ago

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. 🫢

Thread collapsed
Thread collapsed