I was pretty meh on $BTC until literally the past few days, think we have the juice for new highs now

This is what I see:

Buying power measures $BTC vs stablecoin market caps in a unique way that i constructed

Green = stable heavy
Red = $BTC heavy

Printed buy yesterday
For first time ever, 2 consecutive days of $1B+ in stablecoin printing

Bullish
Massive amounts of reserve assets ( $BTC + stables) moved onchain the past couple days

AND

We finally tagged >50% of reserve assets moved over past 90 days >$50k

Tons of weight thrown around above $50k now
Stablecoin change ratio measures change in total stablecoin cap vs $BTC market cap

All this action caused a big spike after a long downtrend
Also, this action on $ETH is hella bullish on an ETH retest:

All things considered, I'd say we might be entering "everything up mode"
Also forgot this chart - still respecting the blue line

Trending price action by definition - wants to stick closer to 30 day highs than the lows

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More from @PermabullNino

7 Apr
DAOs are gonna be a massive deal

Starting to realize there will be many flavors of them with various tradeoffs, which will be fine depending on what the end goal is

imo this is one of the most obvious "skate to where the puck is going" plays in crypto
I basically now have a rule of "if it has any signs of product-market fit, buy a bag"

Why? Bc DAOs might be some of the fastest growing firms / companies when we look back on it in a decade

Their speed of growth will likely stem from one thing: they're digitally native
Digitally native firms are nearly frictionless at every level - from product, to hiring, payment, etc

The advantage that results from this lack of friction wont be evident in the beginning, but over time the effect will compound
Read 7 tweets
6 Apr
A few charts I'm watching:

Stablecoin prints have slowed down

As you can see in the chart, from $30k-$50k stablecoin prints were consistent and large

Above $50k they've remained large, but less consistent Image
Stablecoin Flow Ratio is a tool that has done a good job identifying buy opportunities since the bear market bottom in 2018

Buys = large green prints

Last bull signal was at $30k

Need flows to catch to BTC value for another buy signal, per this chart Image
And as always, gotta check in on Adjusted NVT Signal

Bottom band sits at $42k

If this ever catches up to price, you know what to do Image
Read 4 tweets

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