Got my flight & hotel arranged for #Bitcoin Miami!
Ticket prices increase tomorrow — use code ROOT for 10% off!
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Halving progress 73%. #Bitcoin
Don't fight the trend. #Bitcoin
Looking forward to meet you next month at the Bitcoin 2023 Conference in Miami.
Going? Use code ROOT for 10% off 👊!
Bullish cross of the Short-Term Holder cost basis back above the Long-Term Holder cost basis. #Bitcoin
#Bitcoin block height again made an ATH on this day!
#Bitcoin vs. major currencies
Supply Distribution with 2 bars that stand out. #Bitcoin
Where are we in the cycle? #Bitcoin
Realized Price — the average purchase price of #Bitcoin — is once again rising!
We measure this by looking at the 90 day change (to filter out noise) in Realized Price. We just flipped back positive (red circles).
Realized cap, liquid supply and cdd.
Price at the Halving is historically at Fair value.
#Bitcoin On-chain Value Map:
#Bitcoin cycles
NEW INDICATOR: if we look at the distance of price from the Short-Term Holder cost basis, we can spot the orange trendline (bottom). We can then transfer this trendline back into the price chart currently providing a bottom of ~$15k and rising. #Bitcoin
Note: many altcoins have inflated marketcaps, therefore real bitcoin dominance is likely higher as shown.
#Bitcoin dominance vs. #Crypto (excl. stablecoins) went back over 50%. Can we get to 70% towards next halving?
