Most investors wonder why the $BTC price doesn't go up as they think.
If you're holding $BTC, here are 4 fundamental charts to explain why the $BTC supply will never be 21M:
#1: 40% of all $BTC is held by 5+ years hodlers - this is the supply that doesn't move hands
#2: 3-5 years hodlers have been hodling strong since 2017 - supply doesn't move much here either.
#3: 1-3 year hodlers - supply drops by 15-20% every time $BTC price rises. This is more supply entering the market.
#4: < 12 month hodlers buy the bags of the long-term hodlers every time $BTC price rises
Every time the price goes up, $BTC moves from holder to holder.
That's how markets find price, and how price creates more supply.
But options, ETFs, treasury companies, miners, and more all provide substitutes to the supply of Bitcoin.
This makes even more supply available than believed.
So even if supply is limited to 21 million, you have more and more supply that becomes available to the market.
Thanks for coming to my TED Talk.
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