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0 sats \ 2 replies \ @ae52f929c 17 Jul 2023
Everyone should watch Glassnode weekly videos or read the weekly updates.
Bitcoin is an open source business and all its metrics can be analyzed just like you would a business. Glassnode weekly's provide outstanding insight into the state of the network.
Wait until you figure out how much supply is being taken by hodlers. It is more than what is being put into circulation.
The success metric I am looking for is when exchanges switch their default unit of measurement from BTC to SATS.
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0 sats \ 1 reply \ @BitcoinIsTheFuture OP 17 Jul 2023
Excellent points! I’ve never been more bullish!
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0 sats \ 0 replies \ @ae52f929c 17 Jul 2023
Yeah Technical analysis is wizard magic only used by traditional markets as an attempt to fill in information by prying into thousands of black boxes. There is no black box in Bitcoin.
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