Alex

@jolkybolt

754 Following

624 Followers

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Claiming my /scoop profile with address: 0xdD57d796ed36f476957155526A18a57f4e9C092d let the scoop wars begin 🍦

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Historically, a fairly accurate MVRV indicator decreased into a zone, from which a good GTS growth (Santiment) was almost always occurred

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Demand for Bitcoin is 5.5 times higher than the rate of its production by miners (Glassnode)

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Considering that Bitcoin is trading near an all-time high, and the crowd is not experiencing any fomo (data from Santiment), the situation looks quite bullish.

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How various narratives are performed this year

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Many historically accurate metrics signal that Bitcoin is only in the middle of its growth cycle. For example, the realized profit of short-term investors is still very far from the extreme values after which a trend reversal previously occurred (CryptoQuant)

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Yesterday's spottor market yesterday was closed by a purchase of 6'855 btc🔼

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🪙 #ARB Arbitrum blockchain has surpassed its native Ethereum in terms of monthly user activity metrics

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