Markets· ★★· bullish·

JAN3 CEO: Bitcoin is driven by supply and demand, not the four-year cycle

  • —Mow rejects the four-year cycle and the case for a drop to $40K
  • —Attributes the move from $60K to $89K to demand and seller exhaustion
  • —Calls Strategy and other BTC treasury firms deeply undervalued
  • —Sees stablecoins as a gateway to Bitcoin in Latin America
Why it matters: The pushback against cycle models matters for investors timing entries into BTC.
#BTC#USDT
Source: TokenPost
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