The Kindest Cut: Why the 2020 Bitcoin Halvening Is the Most Important Yet | Bitcoin Magazine
Post 2020-halving #bitcoin inflation will become 1.9%. now whatever money is flowing in to sustain $8k price, it would easily become a support level of $16k ++ (1) whatever new btc not coming to market -- (2) whatever old btc coming to market.
I think (2) will be delayed and timed to dump btc and crash prices at $100k levels or more. That's when it gets max leverage.
Also note, (2) isn't profit booking. People who book profit max $$ for their btc. People dump btc has different goal; crash btc prices (maybe to buy btc cheaper, or not).
Also, (2) isn't easy because btc crash also means alts to btc inflow.
@v0 Also remember that some shitcoin forks of Bitcoin will halve first -- without a developed fee market and actual inflows, which means certain doom for their miners who are already underwater. Couldn't happen to a more deserving group of sleazy con-men.
@TallTim alts are off-topic. couldn't care less. :)
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