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New BTC Trend has formed and it could mean big somethings

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by COINS NEWS 18 Views

New BTC Trend has formed and it could mean big somethings

See for the last 12 years, BTC has been on a supply and demand curve (shown here on the bottom right of the chart) trending upwards. The decline in volatility, the loss in 100x exponential gains and more are from the curve flattening out as the BTC price curve flattens out. This is because the block reward is going down, mining difficulty is going up, supply is shrinking, and we are just peons with 100s to 1000s of dollars around.

ENTER THE PRIVATE SECTOR.

They cause a whole shift in the placement of the curve logarithmically speaking. The base has changed because literally the game has. This injection of trillions, 100000000s of dollars causes a logarithmic shift upwards in the entire graph. Essentially we are starting a new long run cycle. The last one based on private consumer demand had reached its peak and now here comes the new one. I have no idea how high this means for price, but I know it means up. I would like to think this will imply higher volatility due to the already short supply circulating and the challenge from mining. But in the end, GAINS are back on the table.

Please discuss...

https://preview.redd.it/yovgy1xzv9ic1.png?1386&format=png&auto=webp&s=1607e89a0ca39c906fba676ab1299211ec35a7d0

submitted by /u/Nectarine-Agreeable
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