The short term stuff doesn’t matter.
In addition to the stock to flow graph above, here is the miners capitulating, both historically and in real time:
https://digitalik.net/btc/miner_cap
These two charts speak quite clearly. There is a hard cap on supply. What is simply is. Short term sentiment means nothing. This is not a stock.
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The short term stuff doesn’t matter.In addition to the stock to...
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