💪 thanks, was curious how the "pay with lightning" button appeared. It does that from just posting the plain text lightning invoice (obvious now). No need for posting image, learned something new. Send you a refund!
Sinds de komst van de euro een te lage CPI?
lnbc2960n1p3lvldupp5axsnwaehg4g60hxu48zhut3u3mrud8vsa3nwgaaze9c9yvzwn99qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5z8u0akc838t8z3h6jed3yf45a3ee0a6vaernfzmw7pdfkrrf37ls9qyyssqq9kl26w3gk6l6chyhwdcmtn0vtd4ns6t7zyz3yep6r2wtz5zkrqpn4e7rq5g8h3drjzutp4ysm5grj28q0prkzs2fnndxf0t888demspp9gnws
That much of bitcoin’s downside price action coincided with decreasing M2 (gray area). That US monetary policy not necessarily has to affect bitcoin.
Directly from people’s bank of china. Fred’s data does not keep this up to date.
The US might temporarily have a tight monetary policy dampening its money supply resulting in less liquidity, but adding China's money supply makes more than up for that.
#Bitcoin is a global phenomenon.
Halving progress 70%! #Bitcoin
#Bitcoin catching up on log scale.
The #Fed's dilemma.
#Bitcoin back above the HODL'ers average purchase price — let history rhyme pls.🤞
Top heavy means that most of supply was acquired at high prices and thus more likely to fall. Bottom heavy is healthy base to eventually go higher.
Thanks for kind words!
Yesterday's CPI print came in at 6.4%.
The metric was changed (again) in Jan 2023 where weight were adjusted.
Chart shows historic changes to CPI.
Supply distribution 1yr ago vs. today — top heavy into bottom heavy. #Bitcoin
Illiquid Supply level not seen since 2014.
Probably nothing.
#Bitcoin
