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Bitcoin
came within $100 of the Short-Term Holder Cost Basis and then bounced up $2K.
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If this cycle follows the 2017 timing from the halving, the Bitcoin top would arrive roughly 3 months from now. This would put the top at the end of September.
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Data over Emotions. Signal over Noise. Read my recent Bitcoin article 'What is the 'Smart Money' doing?' below: https://open.substack.com/pub/onchaincollege/p/what-is-the-smart-money-doing?r=1b0q8k&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
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Price is over $108K and Long-Term Holder supply has been increasing, similar to the days before the price run up from $60K to $106K BTC. It's Buckle Up time for Bitcoin.
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Take a moment and study the circles on this chart. The Bitcoin show goes on, folks.
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Massive! Texas officially funds $10 million to buy Bitcoin, becoming the first US state to do so. 🚨
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