_Checkɱate 🟠🔑⚡☢️🛢

A quick 🧵 to keep things in perspective folks.

Only 38 days in all #Bitcoin history have ever had a closing price higher than where we currently are at $61k.

  charts.checkonchain.com/btconc...

What is this, a #Bitcoin dip for ants?

  charts.checkonchain.com/btconc...

The Compound Annual Growth rate of #Bitcoin over a 4-yr cycle is over 72%.

That smear of colours down the bottom, that's the CAGR of traditional assets over the same period.

No competition.

  charts.checkonchain.com/btconc...

On a shorter timeframe, the Monthly and Quarterly return profile for #Bitcoin has been extraordinary, punching +1sigma performance not once, but twice since October last year.

This comes despite the toxic overhead supply held over at $GBTC continmually unloading tens to hundreds of millions worth of corn daily.

I think folks underindex just how much sell-side pressure has been absorbed over the last 6 months.

It's massive

  charts.checkonchain.com/btconc...

The #Bitcoin Realised Cap continues to punch new ATHs, with more than $560B in wealth invested and stored in $BTC.

Liquidity inflow indexes over 30 to 180-days remain positive.

  charts.checkonchain.com/btconc...

The AVIV Momentum indicator also remains in positive territory, with all timeframes hitting higher altitudes on each successive peak.

A cooldown is underway on the faster 30-day indicator, which is what we want to see for a proper reset.

  charts.checkonchain.com/btconc...

Don't let your confidence be shaken by short term noise folks.

We have a wealth of data and information available for #Bitcoin which we can use to keep ourselves grounded.

Keep an eye out for my situation analysis published tomorrow for subscribers

  newsletter.checkonchain.com