Discover why Bitcoin miners start hoarding their rewards before the halving event, causing a supply shortage and potentially driving up the price. Understand the impact of supply and demand on Bitcoin’s parabolic price action. #BitcoinMiners #BitcoinHalving #SupplyandDemand #BitcoinPrice #CryptoMarket #Cryptocurrency #BitcoinMining #DigitalCurrency #CryptoInvestment #BlockchainTechnology
And the thing that I found really interesting was that the miners who know their reward for mining is about to get cut in half they start hoarding whatever coins they print into that harving because they know that the the there’s a very high probability that the price of
Bitcoin is going to Skyrocket into the harving because everyone knows the supply is getting cut well then they’d be crazy to like print their Bitcoin to you know mine their Bitcoins get their rewards every day and then just smash them out into the Market at the current price when there’s a very high
Expectation that the price is going to be higher in a month or two so the fact that they start hoarding means the supply is reduced even more than what’s going to happen when the harving happens yeah so so this supply and demand shock that’s happening at the same time is you
Know really explains the parabolic price action that we’re seeing and and why we we often see that sort of pattern uh and it’s and it’s playing out in front of our very eyes right