#848 Can Bitcoin Stay Above $40k? - BTC On-Chain Analytics
Mar 5, 2022
Dive into the intriguing world of Bitcoin's recent price movements, as it fluctuates between $40,000 and $44,000 amidst global uncertainties. Explore how geopolitical crises shape investor sentiment and Bitcoin's role as a potential safe haven. The discussion sheds light on external factors influencing trading behavior and the importance of long-term investment strategies. Plus, discover why regions like Russia and Ukraine aren't showing a surge in Bitcoin buying despite the turmoil.
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insights INSIGHT
Bitcoin's Price Increase Amidst Uncertainty
Bitcoin's price increased 20-25% since the start of the Ukraine invasion.
The market may be placing a premium on Bitcoin due to global uncertainty.
insights INSIGHT
Bitcoin Nearing a Bottom
Three metrics from Blockware Intelligence Newsletter suggest Bitcoin is nearing a bottom.
Metrics include entity-adjusted dormancy flow, MVRV, and Mayer Multiple.
insights INSIGHT
Bitcoin's Value Proposition in Times of Conflict
Most sovereign reserves are fiat and can be frozen by other countries.
Bitcoin's decentralized nature makes it resistant to censorship and seizure.
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In today's episode, I break down Bitcoin On-Chain Analytics. I'm usually joined by WiIl Clemente on Saturdays to discuss his research through articulating his weekly newsletter. Unfortunately, Will was unable to join us this week. Instead, I go through the Blockware Newsletter to help you understand why Bitcoin pumped this week and how the Russia/Ukraine crises is affecting the macro enviorment.
To see the video with the corresponding charts referenced throughout the interview, go to the Anthony Pompliano YouTube Channel.
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