Dear Bitcoiners,
I'm excited to share with you my newest "What Bitcoin Did" podcast appearance! This hour-and-a-half-long discussion, hosted by Peter McCormack and Danny Knowles, is an absolute must-see, shedding light on the phase of the market cycle we find ourselves in and featuring a whole range of charts and insights.
It looks like we’re in for some chop and sideways price action in the coming period, with this downmove further catalyzed by the selling of seized Bitcoin by the German government and Mt. Gox starting repayments in an already low liquidity environment, starting at a US holiday. Remember, this is perhaps the first serious downmove compared to previous cycles after a year of major price increases. With all the fear in the market, I hope this podcast will keep you level-headed! 👊
In our talk, we discuss the latest regarding:
Privacy
3D Spiral Chart
Psychology of the Market Cycle: Where are we at?
ETF Flows: Current/Total and Average Flows
Cycle Analysis: Pros and Cons of Different Alignments
Supply Dynamics: Bitcoin as a New Asset Class, Initialization vs. Maturation
Power Law
HODL Behavior and HODL Model
Multiplier Effect
As a paid subscriber, nearly all charts discussed are live and available on the Bitcoin Strategy Platform. Bitcoin Strategy grows alongside your support. Consider joining our journey by subscribing as a free or paid member to get access to top-tier indicators and charts!
Without further delay, here’s the newest "What Bitcoin Did" episode:
As always, your thoughts and feedback are invaluable. Please feel free to leave a comment and share your feedback! Your engagement is greatly appreciated! 🧡
Until the next update, 🫡
-Root
Was curious if it is worth charting the hashrate on the spiral chart ?