How many of you truly understand the driving factors in post halving "bull markets"?

It's no secret that 500-550 days post halving Bitcoin tops out at some astronomical number compared to the last bottom price. It's no secret that fools rushing in to buy an asset at an all time high price helps propel this growth, but that's not the driving factor.

The global economy and global liquidity are the leading factors driving these bull markets. Bitcoin's value is a reflection of fiat currency inflation and economic production. The more money the world prints the more we see Bitcoin rise in value. When you consider the scarcity of Bitcoin it makes sense that this would serve as a hedge against inflation in some way, like gold but not exactly like gold.

Attached is a chart displaying this correlation between the price of Bitcoin and 2 economic indicators -United States ISM Manufacturing New Orders -United States ISM Purchasing Managers Index There's much more evidence to support this supposition but if you can't believe it based on this chart you won't believe it at all.

Hodl if you know what's good for you.