Halving progress 91%. #Bitcoin

H1'24. #Bitcoin

The current rally — over 0.5 standard deviations from the short-term holder cost basis — is comparable to other pre-halving rallies (marked by blue arrows). #Bitcoin 🧵

Once again, #Bitcoin back at fair value preceding the Halving. 🧵

This rally sure left many in disbelief. #Bitcoin

Recovery progress 69%. #Bitcoin

Halving progress 90%. #Bitcoin

21K blocks until the Halving. #Bitcoin cycle comparison

Cycle comparison: 144 days until the Halving. #Bitcoin

The setup for current price level is a lot different from the previous bull market (end of 2020). #Bitcoin

38k level, in terms of standard deviations, is the same as in March and April earlier this year. #Bitcoin

Happy Thanksgiving

The #Bitcoin Cheat Sheet.

Monitoring Binance, ✅. "Concerns about market manipulation have historically hindered [an ETF] approval. The SEC's requirements for robust market surveillance remain a significant hurdle…With Binance facing legal challenges and lawsuits by the SEC and accounting for a substantial trading volume..." — Last week's Bitcoin Strategy newsletter. 👇

Market insights, Spot Bitcoin ETF Countdown

38k Resistance Level

Halving progress 89%. #Bitcoin

Bitcoin Spiral: The Halving Cycle.

69%, an all-time high, of the Bitcoin supply hasn't been active for over a year. 🙌

The 4-Year Cycle. #Bitcoin

I am thrilled to share with you a deep dive into the best #Bitcoin charts, several animated! 🔥 Topics discussed: -Market Edge: On-chain Analysis -Bitcoin Cheat Sheet: the Psychology of the Market -The 4-Year Cycle: Where do we stand? -Supply Distribution: Resistance levels -ATH in LTH Supply and Cost Basis insights -HODL’er behavior: Illiquid vs. LTH Supply -inflection point at 3rd Halving -Available Supply & Paper Bitcoin A big shoutout to @Kellykellam from BitLab Academy for hosting this! Link to full interview here: 👉

HODL'er behavior is very similar to previous cycles! Looking at the change of the Long-Term Holder cost basis on a 90-day basis, which gives us a macro signal, their cost basis is rising.