$BTC 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐡𝐚𝐥𝐯𝐢𝐧𝐠 𝐨𝐟 𝐁𝐢𝐭𝐜𝐨𝐢𝐧, 𝐞𝐱𝐚𝐜𝐭𝐥𝐲? 𝐇𝐞𝐫𝐞 𝐢𝐬 𝐰𝐡𝐲 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞 𝐬𝐤𝐲𝐫𝐨𝐜𝐤𝐞𝐭💥
A New cycle after Halving
- Miners produce less daily => Supply decreasing
- If BTC remains low Miners will Hold & wait till higher price or they shutdown their business because there is no reason to sell with negative PnL => Supply decreasing
- Sellers get exhausted/ buyers get more aggressive because the new cycle = human psychological reset => Demand increasing
- ETF demand => Demand increasing
Supply < Demand
=> Price up
If Supply < Demand for a long time but price does not match and react => at some point => It will cause Supply Shock Liquidity => Price UP aggressively
News/media is just secondary. They can buy news/media to suit the context. The root value is Satoshi created the perfect supply/demand model for Bitcoin.