$BTC holding Defensive zone for 2 weeks straight. Glassnode Market Compass sitting at 30/100.
Macro carrying hard — up +24 this month. Valuation still parked at cycle lows, 16/100. Translation: we're cheap.
The setup is there. What's missing? Flows. Still light at 30.
Cheap + improving macro = coiled. Just need capital to show up.
Macro carrying hard — up +24 this month. Valuation still parked at cycle lows, 16/100. Translation: we're cheap.
The setup is there. What's missing? Flows. Still light at 30.
Cheap + improving macro = coiled. Just need capital to show up.