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Bitcoin's price action has always been related to the relative supply of Bitcoin and fiat, but the fed is not the primary driver of this supply disparity - Bitc
by mattwilsonn888 4y ago
Bitcoin's price action has always been related to the relative supply of Bitcoin and fiat, but the fed is not the primary driver of this supply disparity - Bitcoin itself is. Bitcoin's inflation rate is cut in half every four years and consistently marks a new market cycle. The fed obviously has power over those relative supplies as well, but lower liquidity has no preference for up or down when it comes to price.