STH cost basis at an ATH of $60.7k and bounced off strong. #Bitcoin

New ATH for S&P 500. #Bitcoin 👀

Chart highlights the age of spent volume in the current drawdown:

-2020 bull market participants who held through the bear and are now locking in profits.

-Buyers from the 2022 bear market bottom now realizing substantial gains.

#Bitcoin

Cycle alignments. #Bitcoin

Visit the live ETF Tracker:

https://www.bitcoinstrategyplatform.com/etfs

Read more in the latest Bitcoin Strategy newsletter 👇

https://www.bitcoinstrategyplatform.com/news/etf-tracker-v3-hong-kong-etfs

Live ETF Tracker Update — v3: Now Includes Hong Kong ETFs 🔥

#Bitcoin

Halving progress 1%. #Bitcoin

#Bitcoin Key levels.

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Bull market continuation or intermission? Read more in the latest Bitcoin Strategy newsletter 👇

https://www.bitcoinstrategyplatform.com/news/bull-market-continuation-or-intermission

#Bitcoin Key levels.

Read more in the latest Bitcoin Strategy newsletter: Bull market Continuation or Intermission? 👇

https://www.bitcoinstrategyplatform.com/news/bull-market-continuation-or-intermission

With declining transaction fees, miner revenue drops from 900 to 450 a day — delayed Halving effect. #Bitcoin

Read more in the latest Bitcoin Strategy newsletter: Bull market Continuation or Intermission? 👇

https://www.bitcoinstrategyplatform.com/news/bull-market-continuation-or-intermission

While a Halving supply crunch always needed time to materialize, this Halving, the fee spike caused miners to earn more BTC instead of less, resulting in, at least temporarily, the absence of a supply shock. #Bitcoin

https://void.cat/d/PGhWPmvPnBEsYcdGTngQvH.webp

ETFs’ update for the week:

-Blackrock's third consecutive day with ZERO net inflows.

-GBTC fell below 300k BTC (from >600k at launch).

Demand drying up?

https://void.cat/d/TevVCYB7g1YX6j2GhXAVfZ.webp

After reaching the historic top 10, today, BlackRock ended its 71-day streak of continuous net inflows. #Bitcoin

Due to the Halving, #Bitcoin's annual inflation will drop to ~0.8% over the coming year. Meanwhile, the M2 money supply will likely return to its 7% average.

ETFs Update: Net inflow 932 #BTC (69% lower than average since launch).

- Reduced outflows from Grayscale,

- Reduced inflows into other ETFs.

GM 👊