Bitcoin's hash ribbons have flashed a buy signal for the first time since August 2021, marking the end of a 2+ month-long period of miner capitulation and deep pressure on miner's margins.
1/ Impressive meeting today and an incredibly important step for the future of the Central African Republic 🇨🇫.
Thank you @cz_binance for opening up and sharing some brilliant ideas based on the @binance experience. A truly remarkable moment!
#CAR
You’re still early.
A report by Boston Consulting Group projects one billion crypto users in 2030.
(Reporting via @ezrareguerra) https://t.co/jFVJWks0Ie
IMO this is the most compelling chart in crypto:
When large amounts of stablecoins are on the sideline relative to crypto's mkt cap, market participants have to chase the rally higher. When there's a lot of stables deployed but no one left to buy, market runs out of new buyers.
Simple monthly chart showing the longer term #bitcoin trend, everything else is noise.
Investor strategies:
1. Short to collect more coins?
2. Go to cash, realize profits, & buy back lower?
3. HODL?
Tools needed: @tradingview, Heikin Ashi, & trend line.
Cost: FREE