Ok, a few charts while at pool... $ETH Looks amazing, a test of the line would be fine, otherwise super healthy. US equities are bidding higher pre-market, but it's still early...

In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997. But Bitcoin's growing faster. Next 4 years on current path will bring Bitcoin users to 1b people, that's the equivalent of 2005 for the Internet.

In the bear market of 2014/15 and 2018/19 (blue) realized price was above 200WMA and the bull market did not start until realized price and 200WMA touched. Now realized price and 200WMA already touched at $22K. For the next bull market we need BTC above realized price and 200WMA.

Yes I missed the $800k top, thanks to China mining ban, inflation and war (which are obviously not variables in my simple S2F mode)l. But I did warn of a crash comparable to 2014 and 2018 after the top. You can find the Dec 2021 familyoffice interview on planbtc.com

June 2022 was the first #bitcoin  monthly close below 200 week moving average (200WMA) ever. Now we are seeing a nice bounce back from the lowest levels. Would not surprise me if BTC closes July above 200WMA ($22K) again.

#BTC  below realized price, short term holder price (5M) and 2Y holder price. I guess we need patience: in 2011 it took 2 months, in 2014 9 months, in 2018 5 months.

This chart shows why #Euro crashed to near parity w/Dollar this week. Eurozone's trade surpluses have been completely wiped out b/c of energy crisis. #Germany has slipped into trade deficit for 1st time in 31yrs, shortfalls in trade were also observed in France & other countries.

$BTC has been here a month It's actually had some really decent volatility inside this range Eventually that won't be the case. Make the most if it and the next breakout (regardless of direction) bc it might be all we get for a while volatility wise

Bitcoin tracks near 1:1 with global money supply expansion and contraction. 'Inflation hedge' is misguided because price inflation lags by several months - focus on money & credit expansion and contraction instead. I̶n̶f̶l̶a̶t̶i̶o̶n̶ ̶H̶e̶d̶g̶e̶ ➡️ Debasement Insurance

Bitcoin has only been this far below its 200-day moving average a handful of times (<2%), each of which looked terrifying to buy at the moment, but terrifyingly obvious in hindsight.

Even $USDT is pumping today. And the OI is starting to come down. Was most likely funds trading USDT margin contracts hedging their tether as the stablecoin depegged a little during post UST jitters. Now that it's almost back to 1:1 everything normalizes.

$eth reclaimed its 200 week moving average this week, #btc  will probably next week, the time to be bearish has defo to an end imo

surprised how well the weekly bnb/btc pair has held up in such a raging bear market. reminds me of $eth in 2017. when i do start longing with the intention of the bottom being in #bnb  is gonna be one of em for me

in from 220, perfect reaction from its 0.618 on usd pair. spot long n chill, no lev, will revisit this in a month or 2

#bnb /btc on the cusp of breaking out of an almost year and a half consoilidation. once it does it will full send imo, with no overhead resistance in sight

every day #btc  begins to look more and more like accumulation. planning to max bid between 19.5-19k, whether its the ultimate bottom or just a mid term one im still unsure but i think we'll get minimum 24k.

Favs: $HON over 175.50, $QCOM under 129, $FAST under 46.50, $AMAT under 86.25! Tough on today...hard to short with this gap down and hard to go long with this weakness. Wait and see attitude. Could go long on the shorts if we pop...overall a 'tepid' approach today.

Looks like another leg lower $BTCUSD #bitcoin

~40% of all 19M bitcoins are in loss (blue). Historically blue is a great "accumulation zone". How long blue? - Could be 1 month (Covid2020) - or 2 months (2011) - 6 months (2018/19) - 9 months (2014/15) Time will tell. Currently at 3 blue dots. Are you going to wait until green?

✅ Plus a new one (just for fun, not financial advice .. of course): it would not surprise me if we complete the $30K Bart pattern in August or September (back above $30K that is).