Wonder why price plateaued the past 24 hours?

Nearly 10k BTC outflows of Grayscale.

This was offset by mainly BlackRock inflows,

resulting in (only) a net +1.5k BTC inflow.

Outflows of Grayscale are possibly due to the Genesis Bankruptcy (a total of ~25k BTC).

Follow my ETF Tracker for live updates.

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Discussion

This is great stuff. Thank you!

Trading on technical indicators with equities can make sense but it shouldn’t translate readily to BTC. The key BTC theses should produce HODLers, not traders. I know from conversations that the 3-day, 25% run M-Th prompted trading responses.

🙋

Thanks for keeping us updated on NOSTR Root!