Bitcoin's 12-Year CAGR is now lower than its 10-Year CAGR. 👀 
Discussion
bItcOIn iZ DeEd
You know price action sucks when I haven't checked it since waking up this morning
People actually think bitcoin is expensive right now
The only metric I look at is the ratio of avg. mining cost to price.
Rest is noise.
How do you calculate average mining cost?
To be honest I’m 80 iqer 😂.
I just look at this metric. Whenever the ratio is above 1, I buy😂.
It always works.
https://en.macromicro.me/charts/29435/bitcoin-production-total-cost
This trend is going to continue because Bitcoin adoption is not exponential but rather a power function.