😏 GOLD – SILVER PEAKS, BTC IS “HOLDING ITS BREATH WAITING FOR THE WIND”
🔥 Gold and silver are taking turns soaring high, making many believe BTC will soon follow suit. But in this market, there's no such thing as easy money 😅
The more prices are pressed down – the more trust is eroded – the more players become tired and leave… that's when the breakout occurs.
📊 What does on-chain say?
💼 BTC on exchanges is only ~2.5–2.9 million BTC → supply is clearly shrinking.
🧱 59% of total BTC supply has been “asleep” for >1 year; the 1–2 year holder group & >5 year group are still quietly accumulating, with the >5 year group having +~95k BTC.
⛏ Puell Multiple ~0.87–0.89 (<1) → miners are under pressure after the 2024 Halving, many are giving up/moving to AI. History shows this is often an accumulation zone before a big wave.
📌 Brief conclusion:
Gold up = USD trust down. BTC has a delay but a stronger amplitude. The longer it compresses, the more painful the breakout. All you need to do now is… wait for the Eastern wind 🌬️
🤡 This article is just a casual chat for fun, not a recommendation to “full margin”. If the Eastern wind hasn’t arrived yet, remember to wear warm clothes! 😆
#Bitcoin #OnChainData #MarketCycle #CryptoAnalysis #NotFinancialadvice
🔥 Gold and silver are taking turns soaring high, making many believe BTC will soon follow suit. But in this market, there's no such thing as easy money 😅
The more prices are pressed down – the more trust is eroded – the more players become tired and leave… that's when the breakout occurs.
📊 What does on-chain say?
💼 BTC on exchanges is only ~2.5–2.9 million BTC → supply is clearly shrinking.
🧱 59% of total BTC supply has been “asleep” for >1 year; the 1–2 year holder group & >5 year group are still quietly accumulating, with the >5 year group having +~95k BTC.
⛏ Puell Multiple ~0.87–0.89 (<1) → miners are under pressure after the 2024 Halving, many are giving up/moving to AI. History shows this is often an accumulation zone before a big wave.
📌 Brief conclusion:
Gold up = USD trust down. BTC has a delay but a stronger amplitude. The longer it compresses, the more painful the breakout. All you need to do now is… wait for the Eastern wind 🌬️
🤡 This article is just a casual chat for fun, not a recommendation to “full margin”. If the Eastern wind hasn’t arrived yet, remember to wear warm clothes! 😆
#Bitcoin #OnChainData #MarketCycle #CryptoAnalysis #NotFinancialadvice