therationalroot's avatar
therationalroot
therationalroot@nostr.directory
npub1r00t...sqe8
#Bitcoin on-chain & cycle analysis. Signal only. Follow the carrot down the rabbit hole.
CPI came in at 3% YoY (better than expected). A reminder that CPI is a constantly adjusted metric. image
On-chain value map: heavy overvalued now at $130k and rising. #Bitcoin image
The current situation best mimics the rallies of the 2nd Halving, both in price and MVRV score. #Bitcoin image
The recent peak of capital net inflow to #Bitcoin is similar to early rallies of 2016: a peak followed by an intermission, with the price managing to stay above key levels like the STH cost basis. image