An update on #Bitcoin EA Dormancy Flow.
We're now at levels that we've only been at in 3 other periods of time in Bitcoin's history (excl. 2010 action):
🟠Oct - Dec 2011
🟠Jan 2015
🟠Nov - Dec 2018
The metric is now lower than March 2020...
1/
My view of #Bitcoin impulses and corrections over the cycles.
We're still in the running correction we've been in for most of 2021.
#Bitcoin has not impulsed since February.