I heard on a danish podcast where they talked about the halvening. They said, and correct me if i'm wrong cause i'm a crypto noob, but BTC takes x amount of dollars do stabalize the current price. If x amount of dollars is still poured into BTC after the halvening it will automatically make btc pump. Can you confirm that theory?
It is somewhat like 400million inflow of cash in btc to mantain its price above 6000$.
After halvening it will need about 200 million.
Don't know the exact numbers, but psychology plays a big part.
I heard on a danish podcast where they talked about the halvening. They said, and correct me if i'm wrong cause i'm a crypto noob, but BTC takes x amount of dollars do stabalize the current price. If x amount of dollars is still poured into BTC after the halvening it will automatically make btc pump. Can you confirm that theory?
It is somewhat like 400million inflow of cash in btc to mantain its price above 6000$.
After halvening it will need about 200 million.
Don't know the exact numbers, but psychology plays a big part.
So if it still gets 400 mil, the price will increase right?
Yess