Why are not just all future halvings reflected in the bitcoin price?
#bitcoin
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Open question really 🙋🏽♂️
It seems strange to me to “celebrate” a halving with a rally relatively short after.. each 4 years.. with the knowledge of future halvings?
In TradFi markets that would be priced in already..
Is it because the majority of people think bitcoin is an incertainty and risk?
because markets are human. Imperfect. We’re still early in the monetization of a new global base layer of value. If this were already fully understood, Bitcoin’s price would likely be orders of magnitude higher.