The Most Important Bitcoin Chart Ever (Patreon)

As you know from my channel, Bitcoin is NOT driven by lines on a chart, or history, it is primarily driven by money flow and on-chain data.  Ignore the "experts" that compare Bitcoin to an Amazon stock Chart in the year 2000! 

Bitcoin Long-Term vs Short-Term Holder Supply Divergence

The chart of Bitcoin long-term (LTH) vs short-term (STH) holder supply is incredibly bullish. The current divergence between LTH and STH supply is the greatest ever recorded, with LTH supply at an all-time high and STH supply at an all-time low. Speculation in the Bitcoin market is also at an all-time low.

In previous top cycles, we have seen FOMO kick in at the peak of the market, with LTHs selling and STHs buying the top. This has resulted in LTH supply being at its lowest and STH supply being at its highest at the peak of the cycle.

However, it is important to note that the next cycle may be different. For example, it is possible that more people will hold Bitcoin than cash in the next cycle. This would put a significant upward pressure on the price of Bitcoin.

If per the former BlackRock director - his data is true that 150-200bn will come into Bitcoin, well that is enough to buy 6.25M BTC but what if only 2.3M are for sale!!!! Yup - you guessed it. 

Only time will tell what will happen in the next cycle. However, the current market conditions are very bullish for Bitcoin, and investors should take notice.

THIS TIME IS VERY VERY DIFFERENT.