Dear Bitcoiners,
I’m thrilled to share with you my recent appearance on the 'What Bitcoin Did' podcast, hosted by Peter McCormack! In my previous WBD discussion, we speculated about when the next bull market might emerge. The timing couldn't be better to reconvene, as we potentially find ourselves in the thick of one.
Key Points from Our Discussion
In our talk, we discuss the latest insights regarding:
The 4-Year Cycle: Doubt or Optimism phase.
ETFs Dynamics.
New Chart: showing the average growth rate of Bitcoin held in ETFs — a figure that impressively stands at about 4k BTC per day, the same order of magnitude as the 1st Halving!
Left-Translated Cycle (Also check a previous newsletter).
Hodler behavior: Long-Term Holder & Illiquid Supply
Illiquid Supply growth: HODL Model S-Curve.
Now, for the paid subscribers tracking ETF trends, there's an update you won't want to miss. Our ETF Tracker now includes the average growth rate, showcasing the catalyst effect is comparable to the first Halving's supply shock.
As Bitcoin Strategy grows alongside your support, feel free to become a part of our journey by subscribing as a free or paid member. Your engagement fuels this platform!
Without further delay, tune into the What Bitcoin Did episode for a complete rundown of our podcast discussion.
As always, your thoughts and feedback are invaluable. Drop your comments below or join the conversation on Substack Chat.
I hope you enjoyed this! Until our next update, stay curious and engaged! 🧡
-Root
Please do these more often. Very helpful to have the walk-throughs for those of us who don't live our lives in charts.
Root, another great presentation on WBD. As I listened to you explain your charts, like the Scaled by Realized Price, I was reminded I always thought it would be nice if you had a quick 1-2 minute video link for each chart explaining or reminding us what we are looking at. Some are more intuitive for me than others. Love you work, thank you.