#BTC Issuance: Bitcoin miners generate 3.125 BTC every 10 mins, 6 blocks/hour, adding up to 450 BTC/day (~$30M at $65K per BTC).
#BTC Demand (ETFs): Average BTC Spot ETF net inflow since January is $100M/day (source: https://farside.co.uk/btc/)
#BTC Supply on exchanges: Down ~15% since February and continues to fall daily (source: https://www.coinglass.com/Balance)
#BTC Demand (ETFs): Average BTC Spot ETF net inflow since January is $100M/day (source: https://farside.co.uk/btc/)
#BTC Supply on exchanges: Down ~15% since February and continues to fall daily (source: https://www.coinglass.com/Balance)
120k soon.
The supply is getting eaten up fast.
and tbh 120k is actually conservative in this scenario.
Unless something unexpected happens, $BTC is going much higher and much faster than we think
The supply is getting eaten up fast.
and tbh 120k is actually conservative in this scenario.
Unless something unexpected happens, $BTC is going much higher and much faster than we think
UCTS is now live on Pine Script v6 ⚡️
Same logic. Latest TradingView Pine version.
https://www.tradingview.com/script/tWxDtHkg-UCTS-By-CryptoNTez-Pine-6/
Same logic. Latest TradingView Pine version.
https://www.tradingview.com/script/tWxDtHkg-UCTS-By-CryptoNTez-Pine-6/
TradingView
-- UCTS -- By @CryptoNTez -- Pine 6 — Indicator by CryptoNTez
UCTS is a multi-component trend analysis indicator designed to help traders identify directional market conditions, potential trend transitions, and relevant risk-management levels from a single chart.
The indicator was originally developed for cryptocurrency…
The indicator was originally developed for cryptocurrency…