Bitcoin is up 300% since the bottom of the bear market. Honestly the last 18 months have been pretty nice. But recently things have changed. The inflows have dried up for the ETFs. And since the ETFs are the main source of demand for Bitcoins these days the price has stalled. Why? The Ecoinometrics newsletter gives you insights from crypto and macro data to help you make better investment decisions. We spend hours every day gathering data, creating metrics and bringing them to life with data visualizations that allow you to quickly get to the heart of things. We then distill all that knowledge in each issue of the newsletter with less words and more charts so that you get insights, direct to the point, in five minutes or less. Join more than 22,000 investors here: Done? Thanks! That’s great! Now let’s dive in. P.S. we have just released a new dashboard on the Bitcoin miners. The purpose of this dashboard is to track if the Bitcoin miners stocks are over priced or under priced relative to Bitcoin. Paid subscribers can check it out here. This could make or break the Bitcoin bull marketThe takeawayThe introduction of the Bitcoin ETFs opened up a new source of demand. The halving restarted the clock for the narrative around Bitcoin’s scarcity. And yet Bitcoin is stuck around $60k. That’s because the macro winds are turning…...  Continue reading this post for free, courtesy of Ecoinometrics.A subscription gets you:
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Monday, April 29, 2024
This could make or break the Bitcoin bull market
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