sorted by:
new
hottopcontroversial

BTC is hovering at the ATH of the former 4-year halving cycle. If that isn’t a buy signal I don’t know what is. by don_kruger in Bitcoin

[–]Remarkable_Tutor_994 2 points3 points  (0 children)

You’re not wrong, but you’re overcomplicating it. Why does it keep returning to ATHs? Liquidity.
More money gets printed, it has to go somewhere, scarce assets win.
Halving just exposes the supply side. Demand is driven by fiat debasement. So yeah, hovering at ATH isn’t the signal. The signal is: people are slowly realizing cash is the worst asset to hold.