This is purely hypothetical but it shows just how truely explosive the coming demand shock could be.
Say there are 15 million coins available for sale (21m minus ~6m lost coins).
These 15m coins are for sale but only at the right price.
Lets say 7m coins are held strong and only for sale above a price of $1m per coin.
Another 4m coins are only for sale above $500k per coin.
Another 2 million coins are for sale but only above $250k per coin.
Another 1m coins are only for sale above $100k per coin.
And the last 1m coins are only for sale above $50k per coin.
$10T of assets under management will soon be able to buy bitcoin inside of their brokerage account with the click of a button. As a small percentage of this $10T enters the spot market through ETFs that capital will be fighting over a tiny percentage of the total bitcoin supply. Between here and $100k there are only 1 million coins available for sale. This massive flow of capital into the small amount of bitcoin holders that are willing to sell below $100k is what can cause a massive green god candle from $30k to $100k within a few weeks.
Imagine a massive $10 trillion dollar pool of capital all of a sudden trying to buy bitcoin from the tiny number of people willing to sell below $100k. That is god candle material.
Thats how fast a demand shock can affect bitcoins price, purely because of the tiny amount of people willing to sell below $100k. This is why the hodl mentality is so powerful.
That god candle coinciding with a halving is what sparks potentially one of the most violent bull markets bitcoin has ever seen.
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