cmichel
@christoph
Going to use farcaster as a diary for my observations about the bull market. Will be interesting to look back at these posts and understand at what emotions I should have sold.
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cmichel
@christoph
So far the bull run is mostly driven by BTC ETF inflows. This is the indicator to keep track of https://www.theblock.co/data/crypto-markets/bitcoin-etf/spot-bitcoin-etf-flows Overlay this with a price chart and it would match the net inflows well. Who are the these BTC ETF buyers? I have no idea.
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cmichel
@christoph
So far this bull market is the most boring one, even though we're near ATHs. It's still missing all the delusional idiots talking about laser eyes, super cycles, new paradigms, writing threads on why they are declining 6-7 figure offers on their NFTs, etc. still early and/or BTC ETF buyers are not as degenerate
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