Note
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PV⚡️Sharing some thoughts to help cut through the noise. Liquidity cycle comparisons:
2014-16
2018-20
2022-23*
East + West
Rising rates and further rate hikes does not mean immediate 📉 for risk assets. Liquidity is key & imo the injection in the East still has a few months to work it’s way through the system.
H1 still looks 🐂 for #Bitcoin imo. Rest of the year we assess once we get closer as this is where the Western liquidity risks/changes come in & rate hikes perhaps are felt in the markets.
That said… don’t forget why we Bitcoin. Insurance against an ever more volatile fiat system 👊🏼
Stack sats, stay humble. And importantly… zoom out 🌽
@nostrich @nostrich visualised from some of your recent thoughts ✊🏼
https://nostr.build/i/nostr.build_3934a420ddd76709be7cfca2f5a0dbd5d07d23eb52a13a7dd35127185f533a9f.png
#plebchain