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
Apr 7, 2021 • 7 tweets • 2 min read
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
Apr 6, 2021 • 4 tweets • 2 min read
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
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
