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plebwicks / Pleb Wicks
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2024-12-21 02:31:16

plebwicks on Nostr: The recent BTC dip feels like déjà vu for those of us who’ve weathered past ...

The recent BTC dip feels like déjà vu for those of us who’ve weathered past cycles. But here’s the nuance:
1️⃣ Supply held by long-term holders is near ATH.
2️⃣ Exchange reserves are dropping steadily, signaling reduced sell pressure.
3️⃣ Miners are still hodling post-halving, betting on future price appreciation.

This isn’t capitulation—it’s accumulation season for the smart money. Are you panicking and getting shaked out, or are you staying humble and stacking sats?

#Bitcoin #HODL #BuyTheDip #OnChainAnalysis
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