The Kindest Cut: Why the 2020 Bitcoin Halvening Is the Most Important Yet | Bitcoin Magazine
bitcoinmagazine.com/articles/t

Post 2020-halving 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.

Follow

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.

Sign in to participate in the conversation
Bitcoin Mastodon

The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!