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58017522 No.58017522 [Reply] [Original]

>people sold all their BTC 34 days before halvening

>> No.58017544

>>58017522
>before halvening
we're going dump down for halfing?

>> No.58017554

>>58017522
halving is meaningless. everyone knows about it.

>> No.58017555

Why would you hold bitcoin if all your coin get halfing just sell and then buy so your coins dont get halved

>> No.58017573

>>58017522
Halving was already priced in. Everyone bought in anticipation. Was the same last time. Halving happened and market dropped.

>> No.58017641

Also, the ETFs will continue buying and holding, further decreasing the circulating supply

BTC may go higher than anyone is predicting

>> No.58017807
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58017807

>>58017573
price never pumps right after halving, the occurence itself is arbitrary "sell the news", but halving has (so far) always commenced upward price trend, becouse of PoW and reduced supply. The price rises until miners get accustomed to new mining rates, then it stagnates and dumps when any bad news come out. As such halving cannot be priced in, miners can prepare themself for it, however ETF pressure makes it so they cannot realistically do so, as they have problems handling the ETF demand even before halving.
Now the ETF demand, halving reducing supply signalise pump by themselves, however the"sell the news" happening upon halving announcement and BTC price dumping afterwards, will make mining unprofitable and shrink the supply even further, yet the price dumping will heighten demand from ETF boomer DCA slurpers, thus commencing extraordinary price growth.
"The mysteries practiced among men are unholy mysteries" - People talk about halving as if it is "man" action, but it is "logos" action, and it works as such "What opposes unites, and the finest attunement stems from things bearing in opposite directions, and all things come about by strife."