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plebwicks / Pleb Wicks
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2024-12-30 18:03:49

plebwicks on Nostr: The Bitcoin market is doing what it does best—shaking out weak hands. But here’s ...

The Bitcoin market is doing what it does best—shaking out weak hands. But here’s the data you’re missing:
- Exchange reserves are at multi-year lows—long-term holders aren’t selling.
- Difficulty adjustment just dropped giving miners temporary relief post-halving.
- The dip is likely a liquidity play, not a structural shift.

Smart money is quietly accumulating while retail panics. Don’t let short-term volatility distract you from long-term fundamentals.

Don't panic, if you're friends and family don't think you're delusional, you aren't stacking hard enough.

#Bitcoin #OnChainAnalysis #BuyTheDip #HODL”
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