Maybe. But that’s not how I make my investment decisions.
Also, I know of several intelligent, very well known people who believe that we are in or headed into a recession, and that stocks and bitcoin are going to crash hard in the near future.
Discussion
How much do you look at on chain? And what nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z refers to supply suffocation? Any thoughts on where we are with that?
I think it’s interesting.
But I generally don’t make fund management decisions based upon on chain data.