Priced in #Bitcoin Sep. 01, 2021 🟡 Gold: 0.038 BTC per ounce 🔵 SP500: 0.093 BTC ⚫️ Crude Oil: 141k sats per barrel

2/ A big correction of the stock market can trigger a liquidity crisis which would be bad for #Bitcoin's price in the short term (think March 2020). For now the Federal Reserve is still pumping the market…

MicroStrategy Performance Sep. 01, 2021 Since the start of their #Bitcoin treasury program: $MSTR +421% $BTC +328% $NASDAQ +43.5%

#Bitcoin Treasuries Index Sep. 02, 2021 An index of public companies with #BTC on their balance sheet. Since the halving: Index +1,084% BTC +468% NASDAQ +67.9% SP500 +54.4%

#Bitcoin Performance since the Halving Sep. 01, 2021 Since the halving: 🟠 BTC +457% 🔵 SP500 +54.9% 🟡 GOLD +6.83% N

#Bitcoin after the Halving Sep. 02, 2021 478 days after the 3rd halving #BTC at $49,736 Here's to another attempt at $50k... 🥂🧐👉🚀

1/ Fun fact, since 2007, when the #Fed isn’t expanding its balance sheet the stock market is: 🟠 30% more likely to experience a drawdown larger than -5%. 🔴 60% more likely to experience a drawdown larger

#Bitcoin after the Halving Sep. 01, 2021 477 days after the 3rd halving #BTC at $47,402 The supply side of the market looks tight enough. Wen next leg up? 🤔

2/ That means we can expect to be back with both whales and small fish pulling in the same direction (red) pretty soon. The result should be a tighter supply, more supportive of #BTC moving higher.

1/ Good to see that #Bitcoin whales hodlings are ticking back up.⏱️🐋📈

1/ Take the #Bitcoin addresses of small fish and whales. Are their aggregate hodlings up or down over the last 30 days? Four possibilities: 🔴 Whales and small fish up. 🟠 Whales up and small fish down.

Recently there has been some on-chain divergence between: 🟠 Small fish who are accumulating coins. 🔵 Whales who are offloading coins. That's not ideal to support #Bitcoin's price, but it looks like things

5/ ... there is some divergence of behaviours: ↗️ Small fish have been accumulating coins faster. ↘️ Whales have started distributing coins after $45k. If whales start ticking back up this might be all

Priced in #Bitcoin Aug. 26, 2021 🟡 Gold: 0.038 BTC per ounce 🔵 SP500: 0.095 BTC ⚫️ Crude Oil: 144k sats per barrel

Big Sats Index Aug. 27, 2021 You can buy a lot of Big Macs for one #Bitcoin: 🍔 = 12,057 sats 1 #BTC = 8,294 🍔

It is a bit timid for sure, but the whales might be starting to accumulate #Bitcoin again. This is the kind of things that would help support the next leg up. So let's keep an eye on it. 📈🧐

Priced in #Bitcoin Aug. 25, 2021 🟡 Gold: 0.037 BTC per ounce 🔵 SP500: 0.092 BTC ⚫️ Crude Oil: 140k sats per barrel

1/ When could #Bitcoin flip Apple in terms of market cap? Assume that Apple continues to grow at the same rate, then some back-of-the-envelope math gives: 🟠 If BTC grows at its current pace ~ 2023. 🔴

#Bitcoin Treasury Index Aug. 26, 2021 An index of public companies with #BTC on their balance sheet. Since the halving: Index +1,101% BTC +469% NASDAQ +65.3% SP500 +53.4%

#Bitcoin Performance since the Halving Aug. 25, 2021 Since the halving: 🟠 BTC +461% 🔵 SP500 +53.9% 🟡 GOLD +5.44%