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The Dynamics Between Long Term vs Short Term BTC Hodlers

The Dynamics Between Long Term vs Short Term BTC Hodlers

Sats O'Clock
May 26, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's May 26, 2022.

Bitcoin is currently $29K at the time of writing.

Cheap sats continue.

Here is an interesting metric on Long Term Holders (LTH).

Perhaps the most important chart in #Bitcoin currently!
For the past months we've had LTH capitulation ⁠— shown by the rapidly falling LTH Cost Basis.👇
An uptick is a first sign that LTH’s might have stopped capitulating! Note: early signal, but finally a change in trend!
— Root 🥕 (@therationalroot)
8:06 PM • May 25, 2022

Have we bottomed out?

This is followed by a comparison with all time frames of holders.

The dynamics between Short-Term Holder, Long-Term Holder and supply on Exchanges. #Bitcoin
— Root 🥕 (@therationalroot)
11:13 AM • May 21, 2022

Some politicians think Bitcoin is a commodity. What do you think?

Sen. Booker says bitcoin is like a commodity and O'Leary slams New York State: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Sen. Cory Booker discusses which agency is best to regulate crypto in the U.S. Plus, Kevin O'Leary of O'Shares explains why he thinks a proof-of-work ban would make New York 'uninvestable.'

https://www.cnbc.com/video/2022/05/25/sen-booker-bitcoin-commodity-oleary-slams-new-york-state-crypto-world.html

Maybe Michael Saylor's conversation with Lex Fridman can come in handy when answering this question.

JP Morgan thinks Bitcoin will rebound 28%.

JPMorgan backs bitcoin to rise 28% and says cryptocurrencies are now its preferred alternative asset

The investment bank now thinks bitcoin and digital assets should rebound after the great sell-off of 2021 and 2022.

https://markets.businessinsider.com/news/currencies/bitcoin-outlook-jpmorgan-cryptocurrencies-alternative-assets-2022-5

Here is a thread on some important take-aways from Saifdeans popular book: The Bitcoin Standard.

I’ve read ‘The Bitcoin Standard’ by Doctor @saifedean.
This amazing book not only talks about the importance of #Bitcoin, but the history of money, fiat currencies, corruption, etc.
Here are 11 of my favorite excerpts from the book. (PART I: MONEY)🧵
— The Futurists (@FuturistsMY)
8:29 AM • May 25, 2022

A deep dive into PoW vs PoS.

1/ Why doesn’t #Bitcoin move from proof-of-work to proof-of-stake?
A panel yesterday at the Oslo Freedom Forum #OsloFF explained PoW vs PoS in the best way I’ve seen in a while.
A thread 🧵 with quotes 👇
— Namcios (@namcios)
6:17 PM • May 25, 2022

In the last 24 hours, ~$27M worth of Bitcoin has been liquidated.

If you missed it...

Here is an interesting Bitcoin Spiral Chart.

I present the #Bitcoin S2F Cross Asset Spiral based on @100trillionUSD's Cross Asset Model, but incorporating block-time/halvings. A visual representation of bitcoin’s outwards spiral in search of its marketcap corresponding with its S2F.
— Root 🥕 (@therationalroot)
2:02 PM • Nov 27, 2021

Also, The Investors Podcast did an interview with legendary investor and Bitcoin holder, Bill Miller. This was a great listen on Bitcoin, allocation and the general market.

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