Dream Chaser ⚡️ on Nostr: The issue with current bitcoin market IMO: it went into bull market too early. ...
The issue with current bitcoin market IMO: it went into bull market too early. Normally, halvings (every 210,000 blocks) are in accumulation phase, but 2024 halving (block 840,000) is in bull market phase. So we have been front-running, but the market was not ready to go up yet.
Published at
2024-08-10 11:36:48Event JSON
{
"id": "dfdf8c3f47e9baeb462dc35d8bbbb2782f1fbda445b5f5df44f3daf755a450c4",
"pubkey": "6596d001dc9ee0ae9b92907dc90054620984a221389a89e8ecd4660844e1e5ed",
"created_at": 1723289808,
"kind": 1,
"tags": [
[
"imeta",
"url https://image.nostr.build/e634a28d00eadd59915386c0151a04b274605f0e799ad72393dc49682e1b0f2a.png",
"blurhash eLN^e.-;xu?b-;xuozxuRjRj~qWBWARjRj?bV@M{ozWV-;aexuM|NF",
"dim 1664x935"
]
],
"content": "The issue with current bitcoin market IMO: it went into bull market too early. Normally, halvings (every 210,000 blocks) are in accumulation phase, but 2024 halving (block 840,000) is in bull market phase. So we have been front-running, but the market was not ready to go up yet. https://image.nostr.build/e634a28d00eadd59915386c0151a04b274605f0e799ad72393dc49682e1b0f2a.png ",
"sig": "00a14d84d4116169dff090ae5d4c56ec0d88a6d4dd30e96e482632b0d263b59a8cc934a4cd20e36a89e15946bbde0b8c1e12712c9a769b755cd2b97ccfc8280b"
}