The recent events with BINANCE:LUNAUSDT has created a spiral down that wiped off over 400B from the total marketcap while the supply of UST only dropped by 7B. At the time of this post, there's still 11.78B UST in circulation. Knowing that traditional banks use a fractional reserve ratio of 1:10, that's a potentital extra 117.8B wiped off the market, or...
By dividing bitcoin's price by the price of gold, the historical price trend goes from linear to exponential, which is a linear channel on the logarithmic scale. This operation removes the noise caused by the value of the dollar.
take advantage of a bubble buy selling at the top and buying back at the bottom, don't hodl through and wait for the next cycle to start
kinda hard to find any support levels when you go from 5400 to 20k in a month
very bullish on BNB, it shows no signs of slowing down even when BTC is moving