Donald Trump’s election has sparked a long-awaited move to all-time highs for bitcoin. But what happens next? Will the rest of crypto follow? We examine bitcoin supply dynamics through the lens of onchain data and MicroStrategy’s proposed buying spree. It’s going to get tight.
Signs of mainstream adoption continue to drip feed. Cracks are appearing in the adoption dam, at some point it will be a flood and very few are ready for it. This will made easier by declining volatility. We revisit a price target based on gold’s move this year.
Chokepoint 2.0 has been horrible for crypto. We look at the implications of the GOP’s election victory. It’s notable for the amount of people close to the President who are crypto sympathetic. This could be a big turning point for the technology and the sector.
- Technical Cup and handle, bad breadth, compare to gold, declining volatility
- On-Chain 1-3 yr HODLers taking profit haven’t got much left
- Macro Is this the start of the end for Chokepoint 2.0?
- Cryptoverse Maple’s growth, Bitcoin Layer 2’s get serious, the fall of Polygon and the lessons learned.
