
Bull or Bear In 2023? Analyzing The Direction Of Markets | Lark Davis #183
The Milk Road Show
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The on-Chain Analysis of Bitcoin
Jay Parini: We have seen a nonstop decline in the Bitcoin on-chain balance for about two and a half to three years now. This is the first cycle that's ever happened in previous cycles, always more Bitcoin going to exchanges,. He says we've reached peak Bitcoin, right? It's only going to go down from now. Parini: I want to mention something real quick about Ethereum on chain because this blew my freaking mind. There was a lot of fear and uncertainty around it; no idea how the market would react.
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