I spoke last night about a number of on-chain metrics that were squeezing the supply of Bitcoin.
A lot of the setups we’ve been looking at have been trending very similar to previous bull markets. Hence why we thought it was only a matter of time until we had a squeeze like this.
Bitcoin is now up around 20% since the war began, amongst record-breaking inflation and a sinking stock market.
Bitcoin is free from centralised authority and offers a way for people to access another form of money and can act as a sovereign savings account by trusting an immutable censorship-resistant computer network.
As we continue into 2022, more people are starting to educate themselves about money and questioning the current legacy system.
Bitcoin is the future, and I continue to be extremely bullish long-term.
