The tokenized Gold Market Cap has grown 5x in the last 2 years and just broken $6 Billion. Tether Gold $XAUT & Paxos Gold $PAXG account for almost 97% % of the total market.
Bitcoin touching its long term monthly MA. Last 3 times this happened: 2015 bottom, 2018 bottom, 2022 bottom. You're either buying here or you're explaining to your grandkids why you didn't.
So Bitcoin is in the bottom 5% of its entire price history relative to the 200-day MA. From this we can conclude: we are either witnessing generational wealth or we're all cooked. There is no in between.
The last time fear hit single digits, stablecoin outflows were this aggressive &leverage got wiped this clean…what followed was one of the best entries of the cycle I’m not saying it’s guaranteed. But be prepared! Full analysis in my Discord:
The #Bitcoin hashrate has dropped just under 20% as many small scale miners capitulated. This is the largest difficulty adjustment in more than 4,5 years.