Interesting, in the previous cycle, STH supply reached overheated levels after moving away from the macro bottom, just like in this cycle.
This is another sign that the bottom is in.
Even after reaching those levels in 2023, $BTC continued to grind higher while respecting the HTF trend.
That’s exactly what we’re seeing now. Don’t be fooled by the Fear and Greed Index. The market can remain irrational for much longer than most people expect.
This is another sign that the bottom is in.
Even after reaching those levels in 2023, $BTC continued to grind higher while respecting the HTF trend.
That’s exactly what we’re seeing now. Don’t be fooled by the Fear and Greed Index. The market can remain irrational for much longer than most people expect.