@AllenAu11 Thanks @AllenAu11
I have a sneaky feeling that if this cycle starts running beyond 100k, then it's going to turn into a Double-Bull i.e., this cycle + next cycle in 2024 rolled into one big cycle.
HNWI Bulls will Front-run the next cycle in this cycle and take BTC to 400-500k.
@unicmetaverse@punk6529@giaglis@OM100m
Thank you Guys for this incredibly cool experience👏👏
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We've been in a downtrending market for the last 6 months.
Here are 11 great threads with crypto lessons that will help you prepare for the next bull market.
/THREAD
Original 2019 $55K S2F model seems to fit better than later $100K update. Interestingly a refit based on 18m average S2F ratio and 3 yrs new data confirms the original model. The bad news: $100K was probably too high. The good news: model still points to $500K after 2024 halving.
A new, next-generation NFT marketplace is coming!
Join the https://t.co/sStbpL8FCi waitlist and get a chance to win exclusive, limited-edition NFTs 🧐🧐 Free NFTs every week from @enjin and @nft_io!
President #Putin: Illegitimate freezing of some of the currency reserves of the Bank of Russia marks the end of reliability of so-called first-class assets. #US and #EU have defaulted their obligations to #Russia. Now everybody knows that financial reserves can simply be stolen.
Illiquid supply shock ratio going essentially vertical.
Supply continues to get absorbed by entities with a low statistical history of spending their BTC.