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LynAlden | 8 months ago (raw) | root | parent | reply | flag +13 
 Bitcoin is on an exponential structural tech/adoption trend, but the cyclical direction of that trend is highly correlated with global liquidity.
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omgbiscuits | 8 months ago (raw) | root | parent | reply | flag +1 
 Is that correlation more about sentiment than actual monetary value (as the bitcoin axis is exponential)? As there’s more liquidity, people become more comfortable with storing value in the network, perhaps?
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steven8rown 👊 | 8 months ago (raw) | root | parent | reply | flag +1 
 I thought the correction was linked to the options market and getting rid of some of the built up leverage.
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334 | 8 months ago (raw) | root | parent | reply | flag +1 
 May be why 2021 looks like volcano with caldera since it blew its leveraged top off ;)
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steven8rown 👊 | 8 months ago (raw) | root | parent | reply | flag +1 
 Maybe my friend. I'm learning to just hold all the way through now.

Stay #nostr 💜