People say, 'history doesn't repeat, but it does rhyme...'
They are talking about events that happen, and later happen in a similar fashion, but folks are somewhat oblivious to the concept.
Some never learn from the issues of the past, and it forces them to change their behavior when bad things take place. Or when government prints money out of control...
Here we are again with Bitcoin bullishly heading forward into higher prices.
We see that it was sparked by the false rumor that the SEC had approved a spot Bitcoin ETF.
After the fallout there, Bitcoin slumped again after jumping almost $1,000 USD back to it's $27,000 mark.
Then a few days later, it was the same song, but sung in a different way...
Now Bitcoin is over $34,000 and the bulls are out talking about the ETF coming by late November, or early December.
Other people say the ETF will be approved by April of next year, around the same time as the halving.
But that isn't the only odd thing happening...
It just so happened that when the first halving took place back in 2012, the economy got a huge amount of cash injected into it.
Then, 4 years later, the halving took place, and again the economy got another injection of liquidity pushed into it.
It must be a coincidence...
Did this happen in 2020 during that halving?
Yes, it did, during the so called "COVID pandemic".
Many people are saying that the FED actually does this every 4 years to keep the zombie economy afloat and that it's around the same time as the halving, is just coincidence.... except Satoshi Nakamoto knew, and did this because he knew that new money meant more people purchasing the new coin.
Although this is a long shot, it is interesting to see how the QE and the halving works.
Let's keep an eye on liquidity pushed into the economy next year, and see if it is true that it happens near the same time as the halving...
Remember, get the SATs stacked now before the ETF and the halving take place because some are also saying that this may be our last chance to get Bitcoin this cheap.
Thanks for reading, and please share your thoughts below...????
