Bitcoin's halvings eliminate sell-side flows, but not buy-side flows. BoA estimated buy-side pressure resulted in a 1:118 multiple on the market price of BTC. Halvings are price timebombs.

https://twitter.com/IIICapital/status/1691146678294687758?s=20

Submitted August 14, 2023 at 11:10PM by JoeB34 https://ift.tt/CLWKEe9

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