Bitcoin on-chain analysis, mining analysis, macro analysis; overview of 2/24/24 - 3/1/24
Two things: 1) % Supply Last Active 1+ Year Ago seems to peak well before the price ATH, then the ATH correlates with the local % low, and 2) we seem to be making higher lows in the % metric.
Two things: 1) % Supply Last Active 1+ Year Ago seems to peak well before the price ATH, then the ATH correlates with the local % low, and 2) we seem to be making higher lows in the % metric.