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57602838 No.57602838 [Reply] [Original]

Why are pumping like this? Is this some 'pricing in the halving' or just the etfs?

>> No.57602849

>>57602838
Because there's only 21 million of these little fuckers in existence and soon to be 9 billion people on this rock, do the math faggot.

>> No.57602861

>>57602838
ETFs- those constant inflows are a huge boost and they've also been curbing the dips. And the halvening coming up just makes it a perfect storm.

>> No.57602865

>>57602849
well same that when it was 20k 1 year ago. As far a i understand its not supposed to pump this much before the halving. Or not?
Is the cycle altered this time?

>> No.57602882

>>57602865
I think 2021 was an anomaly, the pump was cut short by the communists forcing everyone to get the covid gene therapy injection

>> No.57602914

>>57602865
No it's the same as before. Notice in previous years it went to 13-14k, exactly 73% of BTC's all-time-high, at this same time before halving. Now it's at 73% of the all-time-high as well. This is all pretty normal. It's just on a bigger scale so it feels funny, same as every other year.

>> No.57603039

>>57602838
This is just the ETF inflows. The halving price action still has to come.

>> No.57603092

>>57602838
Blackcock is buying 5000BTC everyday, even if the a "dump" occurs, the amount of buying pressure is insane, so it will be too small

>> No.57603269
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57603269

>>57602838
I said it 2022 the frontrunning will be the real bullrun
>2017 expetced only up got blowofftop
>2021 expected blowofftop got bullrun
>2024 expected bullrun got what we have now and this is the blowofftop of the first of two runs the next comes eoy
Be ready to sell in march and screenshot

>> No.57603444

>>57603269
Takes a while but it makes sense