I love markets in general and technical analysis more specifically. You’ll see me commenting on Bitcoin’s price behavior but I track a lot of different assets.
@brianhoonjong@ghostofmatias2 I think that long term holder metric also means that short term holders have graduated to LTH status on the basis of time. Not just that they’re necessarily buying. I could be mistaken.
@benjamincowen@kale_abe The chart tells the story anyway. We’re in a downtrend. Below key moving averages. We bounced at major support. Probably headed back to retest it.
@0xresurekt Only in Bitcoin does there exist a predetermined price action built into its DNA that can be exploited by every tom, dick, and Harry on the internet that never traded a stock before bitcoin came along.