H1'24. #Bitcoin

bitcoinstrategy.substack.com/archive
I do receive some zaps, any protocol changes regarding zaps in the last months?
Read more in this week's Bitcoin Strategy newsletter: Bitcoin's Surging Rally Breakdown 👇
https://www.bitcoinstrategyplatform.com/news/bitcoins-surging-rally-breakdown
The current rally — over 0.5 standard deviations from the short-term holder cost basis — is comparable to other pre-halving rallies (marked by blue arrows).
#Bitcoin 🧵

The value map is based on the metrics: realized cap, liquid supply and coin days destroyed.
Read today's Bitcoin Strategy newsletter: Bitcoin's Surging Rally Breakdown 👇
https://www.bitcoinstrategyplatform.com/news/bitcoins-surging-rally-breakdown
Once again, #Bitcoin back at fair value preceding the Halving. 🧵

Live chart available 👇
This rally sure left many in disbelief. #Bitcoin

Read more in the latest Bitcoin Strategy newsletter 👇
https://www.bitcoinstrategyplatform.com/news/60-recovery-of-ath-spot-etf-catalyst
Recovery progress 69%. #Bitcoin

Halving progress 90%. #Bitcoin

21K blocks until the Halving.
#Bitcoin cycle comparison

Cycle comparison: 144 days until the Halving.
#Bitcoin

Read more in the latest Bitcoin Strategy newsletter. 👇
https://www.bitcoinstrategyplatform.com/news/tightening-of-supply-continues
The setup for current price level is a lot different from the previous bull market (end of 2020). #Bitcoin

Further market insights 👇
https://www.bitcoinstrategyplatform.com/news/market-insights-spot-bitcoin-etf
38k level, in terms of standard deviations, is the same as in March and April earlier this year.
#Bitcoin

Happy Thanksgiving
