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Passionate about #Bitcoin, data, and charts. #DCA and #HODL advocate. Nostr: #npub1umh9k3yuygx7l6nrwwu20c28e27k0s4ak5qk3p4lvzt2836rtfsse626me

Jun 17, 2023, 11 tweets

#bitcoin chart thread starting with Yearly Candles /1

I've been MIA lately. The current algorithm hasn't been providing the dopamine I got used to. Here's a week of charts in one thread. Let see if the algorithm likes it. If you want me to post more, like and retweet.

bitcoin on this date /2

bitcoin halving candles /3

the bitcoin cycle - It shows the same data as the halving candles but with more detail. /4

bitcoin halving index - how do the cycles compare starting at each halving /5

bitcoin drawdowns - pessimist should stay away, there are only a few days every 4 year that bitcoin hits new all time highs (but they're glorious) /6

Comparing bitcoin cycle drawdowns - this is the linear view you may have seen before but... /7

Comparing bitcoin cycles in log scale - log scale shows that the draw down this cycle wasn't nearly as deep as prior ones but that likely because we didn't get a blow off top /8

bitcoin price vs realized price (average price each coin was last moved) /9

Compare actual to realized (prior chart) gives you MVRV. Amazingly similar each cycle /10

almost certainly a coincidence, the price halfway through the prior 2 cycles was slightly below the halving price 2 years later. Can we get another coincidence? /11

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