Sylvain Saurel on Nostr: The situation is quite simple at the moment. On the one hand, you have the Nocoiners ...
The situation is quite simple at the moment.
On the one hand, you have the Nocoiners and the Bitcoin Opponents who are trying to minimize what has been happening for several weeks with a single argument: the price of Bitcoin has not yet broken its ATH.
On the other side, you have the Bitcoiners who know that the price of Bitcoin is only a consequence and that we must focus on leading indicators to understand what awaits Bitcoin in the months to come.
These indicators do not lie:
- Addresses With >$100 At ATH.
- Addresses With >$1k At ATH.
- Addresses With >$10k At ATH.
- % Of Bitcoin Last Active >1 Year Ago At ATH.
- % Of Bitcoin Last Active >3 Years Ago At ATH.
- Hash Rate At ATH.
- Difficulty At ATH.
To take full advantage of Bitcoin, you must study the why but also learn to look at where the real signal is.
Published at
2023-12-27 14:34:18Event JSON
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"created_at": 1703684058,
"kind": 1,
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"content": "The situation is quite simple at the moment.\n\nOn the one hand, you have the Nocoiners and the Bitcoin Opponents who are trying to minimize what has been happening for several weeks with a single argument: the price of Bitcoin has not yet broken its ATH.\n\nOn the other side, you have the Bitcoiners who know that the price of Bitcoin is only a consequence and that we must focus on leading indicators to understand what awaits Bitcoin in the months to come.\n\nThese indicators do not lie:\n- Addresses With \u003e$100 At ATH.\n- Addresses With \u003e$1k At ATH.\n- Addresses With \u003e$10k At ATH.\n- % Of Bitcoin Last Active \u003e1 Year Ago At ATH.\n- % Of Bitcoin Last Active \u003e3 Years Ago At ATH.\n- Hash Rate At ATH.\n- Difficulty At ATH.\n\nTo take full advantage of Bitcoin, you must study the why but also learn to look at where the real signal is.\nhttps://image.nostr.build/caf312e764de4325d1ba62021e3a423aa67ab8e61d50813386241175ac91c837.jpg#m=image%2Fjpeg\u0026dim=1600x898\u0026blurhash=i6RVX%2300E2GI8wI9Dhu6H%3B%3F%5E%3Fw-p%3Dv%3D_-U%25Lt6i_00A09uH%3FTzNfS%25I9tmz-mj%24i.8.8%25ModxutSDiT1R%2BIANeNGRjV%3FkD\u0026x=70934f29d8880a38be811e6af817ef3f6f93500c1ad6bd747b60f0d2ca891ca8",
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}
