💸 Bitcoin will lose 20%: who took the money from the pool?!
😵💫It turns out that we have economic swings here, and Bitcoin is back in the spotlight! 🪙 As it turns out, its price dances to the global money supply💵. If there is less money in the world, Bitcoin, as a rule, also loses value
📉 What's going on?
The global money supply has fallen by as much as 25% over the past month! This means that the “rivers of money” are becoming shallow, liquidity is decreasing. Economist Joe Consorti found out that Bitcoin reacts to changes with a 70-day delay.
💔 The bottom line? The forecasts are as follows: in the coming month, Bitcoin may “lose weight” by 20-25%. So, if you were dreaming about Bitcoin, perhaps they will soon become cheaper. 😉
📌Tex, I thought that either they are printing more Tether 😡 or we won't see an altseason🙄.
So what... that they can't copy-paste 1 trillion USDT? What are they 🫤 sorry about??
But seriously, the market now resembles an overstretched rubber band: after a strong price growth (or "bullish trend"), a decline usually occurs. This is a normal process to "cool" the market. 🌡️
So 🙄 let's hold on!