Peace be upon you, world. Cryptocurrency kid with you.
Happy New Year, my ladies and teachers.
I have now fallen into a major problem in thinking, and my headache has begun to afflict me from the intensity of thinking.
All analysts, whether they are analyzing the chart or analyzing the market cap for currencies, say that Bitcoin is heading to high peaks in anticipation of the halving that will occur in the coming days. However, my thinking says that the rise of currencies depends primarily on the amount of money stored in the currency or if very, very large purchases occur. For the currency, the currency will rise.
As a result of this non-negotiable hypothesis, if the peak of funds was a number in the year 2020 on all platforms, and most of it was directed to Bitcoin, then we saw Bitcoin rise to 69 thousand and it reached a historical peak and now it has been broken.
Logically, the widespread popularity of digital currencies on social media and security has contributed to the entry of large amounts of new money compared to the early years of 2020.
It was not the division that contributed to the rise of the currency, but rather the new liquidity that contributed.
If the liquidity over the life of Bitcoin since 2009 was all due to its rise to the previous peak, then now, if we assume their theories are correct, where does the liquidity come from to reach 150k in light of the thousands of alternative digital currencies that exist that will take a lot of that money, and also the world is limited to producing money annually as well...continuation in the comments.$BTC