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sms / Seth Michael Steele
npub14ev…lrc7
2023-06-28 00:58:09

sms on Nostr: Long term #Bitcoin holders are accumulating at break neck speeds. Currently at a rate ...

Long term #Bitcoin holders are accumulating at break neck speeds. Currently at a rate of 42,200 #BTC a month.

Keep in mind the arduous bear market we have weathered, and the low volatility compared to previous cycles…accumulation rates will likely only go up over the following year.

This is due in part to the anticipation of the upcoming halving; volatility will return, likely in a more aggressive manner than it left, this time uncertainty is on #Bitcoin’s side.

When volatility returns its best to stay focused on your stack over the Fiat value. Staying humble and stacking sats will always be more effective than getting emotional or TrAdInG.

A break above resistance will trigger all the LARPs, traders, and normies to FOMO in, but the true plebs who always stacked get to appreciate the pump at a deeper level.
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npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7