https://twitter.com/100trillionUSD/status/1133388321563062275
The moon is very close, we are going to go much further.
Plan B stroke another good one!
But there is more: what if the more mainstream adoption and the presence of more "institutional money", more keen to "efficient markets" (à la Fama) drives up the markets in anticipations of the halving and the subsequent stock to flow reduction? Price used to rise sharply after the halvening, reacting to this and not actually anticipating it. What if this time is different?
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I don't like to comment too much in the current price of BTC, but the sentiment is turning more and more bullish, and I think this kind of analysis is perfectly consistent with an anticipation of the halvening.
Market doesn't like discontinuities, and so tends to anticipate drastic moves or changes in the protocol.
If had could move a critic to Satoshi for his whitepaper, I would say the choice of discrete halvening is not optimal, while a more smooth reduction of coinbase would have been better implementation, at a cost of a slightly less trivial implementation.
The market, as you say, is optimistic, but there will be correction as always from the maximum, where is the maximum?
Well, my forecast is that we're going to get to 10,000 and then we'll see what happens, obviously I can be wrong, but that's the next trip.
As for PlanB, I like your presentations, but as you comment, there are many variables at play.
