@BC1877 @LegioHobby How’s it not relevant?
he’s letting her stay in his flat, but it’s not ideal for the woman and the kid cos of how far away it is, so he’s asking for advice on how she can get back on the register to get her own place, seems pretty reasonable ?
Historically speaking, #Bitcoin bull markets are started following its supply side halving's which encounter every 4 years. This could suggest sustained positive price action for #BTC will not be seen until March of 2024, following the next scheduled halving event
With #cryptocurrency currently experiencing another sell off, some are calling for a bounce of the 200 week moving average, acting as a line of resistance for #BTC. What will be the local bottom be for #Bitcoin?
We can see an inverse relationship between the amount of $BTC held on exchanges and its $USD price, as market participants move their #bitcoin into more permanent storage when bullish, and on back onto exchanges (ready to sell) when bearish.
The Puell multiple shows profitability for $BTC miners relative to $USD prices.
The green highlighted section indicates periods where mining revenue is lower than historical norms, and is correlated with market cycle lows.
The $BTC hash rate represents the total amount of computing power on the #BTC network attempting to mine new blocks. We can see #Bitcoins hash rate has been in an uptrend since July off last year despite recent negative price action.
HODL waves signal how short and long term #BTC holders are trading by showing the % of circulating #Bitcoin held for different time periods. We see a correlation between new wallets accumulating and cycle peaks. Can on chain metrics such as this be useful in #Crypto trading?
$BTC has long been trending upwards in its valuation against the equity market, with the S&P 500 taking major hits since January, is #bitcoin and #cryptocurrency the better place to invest? let us know 🤔
As #Ethereum is still at the top of its long-standing uptrend line, we see price action starting to tighten. At some point the tension will have to give and when it does, we will likely see some explosive movement for the #altcoin. Will $ETH bulls come out on top?