99% of #Bitcoin / #Crypto Traders Do NOT KNOW THIS
๐1-14) Many believe Bitcoin's price follows a predictable four-year cycle driven by its halving event, expecting a steady price rise as if on a schedule. Yet, unlike the predictable change of seasons, Bitcoinโs market behavior is far more volatile, often skyrocketing into rapid, parabolic gains when demand shifts suddenly.
๐2-14) Though supply (halving) is often perceived as the primary driver, Bitcoin's price movements are fundamentally demand-driven. Contrary to the perception of irrational or uninformed trading, Bitcoin frequently reflects deeper market fundamentals. Only a few investors understand these intricacies, but the "whales" โ major market players with significant influence โ are well-acquainted with these factors and shape their strategies around them.
๐3-14) Full report here: https://mail.10xresearch.co/p/99-bitcoin-crypto-traders-not-know