@BitcoinRonahi I’m just tracking fundamental flows, January profit-taking is a narrative, if the flows stop, then sure, profit taking begins, not seeing it yet. SOPR is only really useful when profit-taking is dominant.
@ajesenovec @ben_gravis @Robert_Klondike @PeterSchiff @OnlyNhatural @CryptoCon_ @mrlevelup @BrianDEvans @theo_crypto99 @BitcoinRonahi @StellarFreedom This article explains how these three on-chain and social metrics accurately predict tops and bottoms for any #crypto asset. Should provide some clarity! https://t.co/b2x1tcEDgu
@BethOp111 @BitcoinRonahi Not really whales, more OGs (owning older coins), they tend to sell into every rally, I just form a narrative around that: sooner or later nobody wants to die BTC rich without living their life to the full, thus they liquidate incrementally.
@BitcoinRonahi Far from resetting which means immense amounts of FOMO buying in the market right now, they over powered profit takers and moved price upwards. That’s not been seen before this early in the cycle. https://t.co/jyrREAsNvp