👉 Nothing is "priced in" in Bitcoin's fiat 'price'! 😳🤫
200 sats \ 5 comments \ @satoshi_in_the_classroom 17 Oct 2023 bitcoin
"The upcoming U.S. E.T.F.'s approval decision and rollout, and the 'Block Reward Halving' are already priced in," I read some analyst on a MSM news outlet say yesterday. 🤡
There is absolutely no way this is true. This is bonkers.
I concede that 'Fair-market-value' is a subjective metric - but if you even ATTEMPT to prognosticate the future in a meaningfully accurate way - there's absolutely zero chance that Bitcoin's future value is 'priced in'.
-Money inflation/ fiat supply increases and sovereign debts -Increasing Bitocin Network Hashrate -Increase of digitization -Increase of AI/Robotics -Moore's law -M1/M2 aggregates -Consumer purchasing habits -Etc...
I'm steadfast on this.
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15 sats \ 0 replies \ @SatoshisSkeleton 17 Oct 2023
We're still so early.
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5 sats \ 1 reply \ @Stacksats 17 Oct 2023
We're going to see God candles. It's inevitable.
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5 sats \ 0 replies \ @SatoshisSkeleton 17 Oct 2023
📈📊📈📊📈📊
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0 sats \ 0 replies \ @TheBTCManual 18 Oct 2023
Could also just be a slow grind, with interest rates where it is, investors are turning to bonds and cash waiting for risk assets to bottom out, this is BTC's first time under relatively high interest rates and higher for longer is surly putting strain on access to capital, capital creation and money velocity
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0 sats \ 0 replies \ @fm 17 Oct 2023
I read some analyst on a MSM news outlet say yesterday. 🤡
just a trash report.. media.. go figure
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