Cyph3rp9nk on Nostr: What is happening with the price of Bitcoin? Global liquidity m2 is stagnant and ...
What is happening with the price of Bitcoin?
Global liquidity m2 is stagnant and since April 13 has been going down.
Dollar liquidity has been falling sharply since June 17.
Remember:
- Halving does not affect the price, it is a small percentage of the total bitcoin supply which is the 19.7 million minus those lost, stock to flow is bullshit, it is only good for perishable goods.
- Technical indicators are not good for shit either.
- Only liquidity matters, bitcoin was created for this, to penalize central banks when they print.
Published at
2024-06-24 10:08:43Event JSON
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"content": "What is happening with the price of Bitcoin?\n\nGlobal liquidity m2 is stagnant and since April 13 has been going down.\n\nDollar liquidity has been falling sharply since June 17.\n\nRemember:\n\n- Halving does not affect the price, it is a small percentage of the total bitcoin supply which is the 19.7 million minus those lost, stock to flow is bullshit, it is only good for perishable goods.\n\n- Technical indicators are not good for shit either.\n\n- Only liquidity matters, bitcoin was created for this, to penalize central banks when they print.\n\n\nhttps://m.primal.net/IwFd.png ",
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}
