There is simply not enough inflows to keep BTC over 109k

Silly bobo

bobo, in 3 hours and 42 minutes the kangaroo market opens, in 5 hours and 43 minutes the asian markets open.
they could fomo pump it hard.
anyway, im long but i have a hedge short position open as well.

>>60573504
besides fomo, any good news on the front?

>>60573560
powell getting replaced, big beautiful bill, market getting used to trump tarrif tacos, i don't know, pick one

>>60573576
Some and mirrors
And still the dollar crashing against all other currencies.

Net Nominal Demand: n = d-s+h

Where:
d: Bitcoin’s demand
s: Subsidy
h: Hodler Sales

All in nominal terms

+n line go up
-n line go down

As s is fixed in bitcoin terms, we can calculate the neutral demand, the demand from which h does not diminish: s*price = $344m/7d @ $109k. h is finite, so any n > 0 will deplete h in-the-limit.

Over the last month, we’ve been averaging almost a $1bn/week into ETFs alone, almost 3x the necessary net inflows to support a $109k price.

Why do you persist in denying empirical reality, bobo?

>>60573464 (OP)
devilish post

short loaded