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therationalroot
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#Bitcoin on-chain & cycle analysis. Signal only. Follow the carrot down the rabbit hole.

#Bitcoin halving cycle comparison in block-time.

We fell through the Long-Term Holder cost basis,

but there is a major line of defence sitting just under 20k. #Bitcoin

Note: in 2013, right in the middle of orange area, we actually had 1 daily close above and fell back below. Currently 7 days above. Falling below obviously is bearish. If we stay above next cross to look for is the Long-Term Holders avg. purchase price.

Zoomed in. We are 7 days above, perhaps not super convincing yet, but this should be seen as an early sign.

The Short-Term Holders avg. purchase price crossed back above #Bitcoin's avg. purchase price.

#Bitcoin and #SPX500 remain above trendline.

Halving progress 71%. #Bitcoin

#Bitcoin Spiral: The Halving Cycle.

This needs to be thought out really well, because we could simply agree that on every post I zap you and you zap me, zap counts can easily be rigged.

Indeed πŸ™, still one of the better bottom indicators πŸ‘, although meanwhile I got some very similar results that perhaps have a better underlying thesis, not based on constant like cvdd. However current value map main input is realized cap, liquid supply and coin days destroyed.

No, S2F is a model that tries to predict future value where price can be above or below model value. The value-map tries to define an upper and lower bound based on on-chain data to value current price level, but does not give any future predictions.

#Bitcoin is undervalued.

Can zaps amounts be manipulated? Zap a post and then send funds back with regular LN tx to boost posts. How can we combat this?

Route to 2024 Halving. #Bitcoin

Realized Price β€” the average purchase price of #Bitcoin β€” about to flip back positive into an ascending trend.

Global Liquidity and #Bitcoin.