3 ms·
The new 9 ETFs are taking 5-10K bitcoins of the market every day. That’s demand pressure. Now after the halving the new creation/emission of ₿ will go from 900
by janandonly 3y ago
The new 9 ETFs are taking 5-10K bitcoins of the market every day. That’s demand pressure.
Now after the halving the new creation/emission of ₿ will go from 900 to 450 per day. That’s issuance pressure.
I guess there is still a lot of upside to the price, this (4-year) market cycle.
- ur-whale 3y agoAnd you're not even accounting for all of the secondary upwards price pressure generated by these two primary systemic factors. For example FOMO and other network effects will for sure, at least for the short to medium term generate quite a lot of secondary upward price pressure.