The #Fed's dilemma.
therationalroot
therationalroot@nostr.directory
npub1r00t...sqe8
#Bitcoin on-chain & cycle analysis. Signal only.
Follow the carrot down the rabbit hole.
#Bitcoin back above the HODL'ers average purchase price — let history rhyme pls.🤞
Yesterday's CPI print came in at 6.4%.
The metric was changed (again) in Jan 2023 where weight were adjusted.
Chart shows historic changes to CPI.
Supply distribution 1yr ago vs. today — top heavy into bottom heavy. #Bitcoin
Illiquid Supply level not seen since 2014.
Probably nothing.
#Bitcoin
