BTC is not priced by any individual, institution, or consortium; it belongs to the market, to those who are unwilling to accept poverty, unwilling to be submissive, unwilling to remain idle, unwilling to accept anything. Consensus is its future. When one day it becomes possible to directly spend BTC in every corner of the world, it will become the strongest financial agent.
Today I'm sharing some thoughts again. Gold and silver have both hit new highs, but why hasn't digital gold moved? The reason is that the new highs in gold and silver have absorbed funds. But don't worry, it just needs some time—digital gold won't fail to come, it might just be late.
The four-year halving effect, will it really come? I used to believe it, but now I'm 90% skeptical, due to increased consensus, the US dollar interest rate cuts, wars, national laws and regulations, Binance's construction progress, and the affirmation of digital gold. So what will happen? Personally, I think it will keep oscillating, creating opportunities, quietly reaching new highs one after another, until true no-threshold financial freedom is achieved.