The relative supply held by LTH and STH tells us an interesting story about #Bitcoin:
1. Over 16.8% of the $BTC supply was spent in the last 5mths and returned to profit at the recent $52.8k high.
2. Long-term holders now own 79.5% of the $BTC supply, equivalent to Oct 2020.
This suggests that many coins changed hands during the recent consolidation in $29k to $40k range. It also indicates $BTC purchased in Q1 to Q2 2021 remain tightly held, with investors unshaken by a 50%+ drawdown. Note, some of these coins are likely held by GBTC and custodians
1. Over 16.8% of the $BTC supply was spent in the last 5mths and returned to profit at the recent $52.8k high.
2. Long-term holders now own 79.5% of the $BTC supply, equivalent to Oct 2020.
This suggests that many coins changed hands during the recent consolidation in $29k to $40k range. It also indicates $BTC purchased in Q1 to Q2 2021 remain tightly held, with investors unshaken by a 50%+ drawdown. Note, some of these coins are likely held by GBTC and custodians
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Two things in trading when you see a set-up. It's either you take it or the fear of loosing your money scare you away.
But always know that trading is Risk
Always know that you are taking risk at every point in time you take a trade.
Only the audacious will make money from trading. The timid ones will always be poor ( Passing Over Opportunities Repeatedly) because of fear
If you see your setups take the trade with proper risk management.
Contact us now https://t.me/W_Jeffery
But always know that trading is Risk
Always know that you are taking risk at every point in time you take a trade.
Only the audacious will make money from trading. The timid ones will always be poor ( Passing Over Opportunities Repeatedly) because of fear
If you see your setups take the trade with proper risk management.
Contact us now https://t.me/W_Jeffery
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I Smell Fear
Oct.11 -- "I personally think that Bitcoin is worthless," JPMorgan Chairman and CEO Jamie Dimon says during an IIF event.
↪️@W_Jeffery W_Jeffery
Oct.11 -- "I personally think that Bitcoin is worthless," JPMorgan Chairman and CEO Jamie Dimon says during an IIF event.
↪️@W_Jeffery W_Jeffery
Venezuelan international airport to accept Bitcoin payments
A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services.
Simón Bolívar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on Sunday. Also known as Maiquetia, the airport is located in downtown Caracas, the capital of Venezuela.
Source
↪️@W_Jeffery
A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services.
Simón Bolívar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on Sunday. Also known as Maiquetia, the airport is located in downtown Caracas, the capital of Venezuela.
Source
↪️@W_Jeffery
Venezuelan international airport to accept Bitcoin payments
A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services.
Simón Bolívar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on Sunday. Also known as Maiquetia, the airport is located in downtown Caracas, the capital of Venezuela.
Source
↪️@W_Jeffery
A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services.
Simón Bolívar International Airport is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on Sunday. Also known as Maiquetia, the airport is located in downtown Caracas, the capital of Venezuela.
Source
↪️@W_Jeffery
Bitcoin is about to flip Silver.
Flipped FaceBook recently.
Bitcoin has a $1.04 Trillion dollar Market Cap.
↪️@W_Jeffery
Flipped FaceBook recently.
Bitcoin has a $1.04 Trillion dollar Market Cap.
↪️@W_Jeffery
I will show the first 5 people for free how to earn back lost crypto coins.
Limited group slots
Earn back your lost crypto,either sent to the wrong address,or scammed.. it could all come back...
No fee needed...
Free but only to limited few ...
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Whatsapp +15108687400
@W_Jeffery
Limited group slots
Earn back your lost crypto,either sent to the wrong address,or scammed.. it could all come back...
No fee needed...
Free but only to limited few ...
5 PERSONS ONLY....
Inbox 📥 me for more information...
Whatsapp +15108687400
@W_Jeffery
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