What I'm watching... 👀
An ongoing positive divergence between the price of bitcoin (red line) and global M2 money supply (green line) since June 26, 2024.
This is likely to (eventually) resolve with a price movement to the upside.
The longer it persists, the more likely it is to move further and higher to the upside when it eventually resolves.
In all seriousness... you love to see it.
We’ll see if you are right.
Stack stack stack... before to long the price will have gone up.
I hope it persists well into 2025. The pump will be epic. Melting faces etc.
Price action in the meantime:
nostr only is the way 🧡 🧡 🧡 🫡
Is this a result of price manipulation via paper trading?
The longer the base, the higher the breakout.
Interesting. Do you have this chart going back several years? Has it previously behaved like this prior to the Bull run? Thanks!
Jeff any interest in doing an AMA on nostr:npub1jfujw6llhq7wuvu5detycdsq5v5yqf56sgrdq8wlgrryx2a2p09svwm0gx at some point?
Possibly.
But my schedule is really tight over the next several weeks.
Maybe in mid-September or later?
Thanks for the reply.
Sounds good. nostr:npub1qqvt0m3nlvjnssmrn33w9yh7cuq2dx5nkz8wxax9hk5hrjdnj4jqz8cn3w runs the AMA territory. Looping him in here. I am sure he can accommodate any date/time that works for you.
We're scheduling out well into the future, so late-Sept. is great!
Just sent you a DM so we can lock this in 🔒⚡️
Lets go
Your post stating your moving your macro thoughts over to Nostr from X, will bring me to this app daily. I appreciate your insights/perspective that much. Thanks for sharing your thoughts to the plebs.
Welcome to #nostr!
Bull crab crawling to conclusion
Bitcoin is gonna soak up that liquidity like a giant black hole sponge. Hold on to your butts folks.
This means when bitcoin soaks up all the available liquidity the cost of living will also increase.
inevitable:
