Louis Sykes
@haumicharts
Senior Crypto Analyst @allstarcharts | Exploring markets, psychology, and why people buy jpegs over stocks
ID: 994504544338886656
10-05-2018 09:08:55
247 Tweet
4,4K Followers
57 Following
They say you shouldn't kick someone when they're down. But the truth is, that's actually the best time to kick them. allstarcharts.com/all-star-chart… h/t Louis Sykes
"Bitcoin’s supply velocity, measuring the ratio of adjusted transfer volume to its current supply (rate of turnover), has declined over time, reinforcing the idea that BTC is increasingly held rather than transacted." Source: CoinMetrics.io
The Bitcoin chart looks like we're about to hit the banana zone, but funding rates are... negative? Data: CryptoQuant.com
Big difference between spot prices & perpetual futures. "It's very rare to have Negative Funding rates this close to all-time highs in Bitcoin" stockmarkettv.com/morning-show/m… We got Louis Sykes here, "Retail positioning is tilted more bearish. That's tremendously bullish" Stock Market TV