Founders: BTC/ETH Must Read
Retail Holders are Selling, Institutions are Buying
If you are a Bitcoin or Ethereum person, this is must read… We broke out the sections that caught our own eyes and added commentary. Full analysis at bottom.
Sections:
BIG BOYS ARE BUYING ONCHAIN, EVERYONE ELSE SELLING
BTC/ETH KEY ONCHAIN OBSERVATIONS- BULLISH
BTC MINER ECONOMICS - BULLISH
HASH RATES LEAD PRICE
OUR COMMENT: FUTURES ARE ALSO PICKING UP BIG- NOT BULLISH
OUR COMMENT: Post ETF Launch expect 3 competing behaviors
FWIW- What we think, current positioning.
OPINION GOING FORWARD