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therationalroot
therationalroot@nostr.directory
npub1r00t...sqe8
#Bitcoin on-chain & cycle analysis. Signal only. Follow the carrot down the rabbit hole.
Good morning, Amsterdam! Time to talk about #Bitcoin cycles! See you at 10 in the Bull Arena! image
Only #Bitcoin stays on top. CoinMarketCap today vs. 4 and 8 years ago. Sep 2016, Sep 2020, Sep 2024:
The majority of outflows over the past two weeks came from Fidelity and Ark/21Shares. We bounced off their cost basis, and #Bitcoin is currently sitting right at the overall ETFs' cost basis. image
After nearly two weeks of ETF outflows, we're back to inflows. #Bitcoin image
Elon brought up money supply growth as the cause of inflation. Trump's response to inflation: - Better negotiations (lower costs) - Drill baby drill (increase oil/energy production) No matter your political view, money supply growth will continue! 'Nothing stops this train' โ€“ @Lyn Alden All-Time High in global money supply: image
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