Hello!
As you probably know, Willy Woo is one of my favorite Bitcoin analysts. He is an OG and is normally giving free insights in his Twitter/X account.
He has been active lately and shared with use some charts:
This is the chart that uses the puell multiple, it's a metrica made by Dr. Puell.
In his own words:
The best time to buy Bitcoin is at the bottom, the second best time to buy is at the post halving re-accumulation
And guess what, we are now in one of those phases. As you can see in the chart there is a pattern that has been repeated each cycle. Do you really think this time will be different? I don't think so.
There are some big macro events like wars, lockdowns, etc that could change the actualy Bitcoin cycle, but they are unlikely to happen.
Willy also shared a comparison between Blackrock and Tether, here the details:
BLACKROCK
- 19,800 employees
- $10.4T AUM (10% of world GDP!)
- $5.5b profit
TETHER
- approx 50 employees
- $119B AUM (0.1% of world GDP)
- $6.2b profit
And... did you know that Tether has been buying Bitcoin with some of their profits? They will not stop buying Bitcoin, the time to get in is now my boys.
I hope you have a great weekend!
Stay safe out there.
Posted Using InLeo Alpha