This is How Every Bitcoin Bottom Forms (It's Happening Now)
Bitcoin is bottoming right now, and we know this because every Bitcoin bottom forms the same way. In this video I break down exactly how Bitcoin price bottoms form using on-chain data, and it comes down to one thing: a lack of supply. The Bitcoin bear market doesn't end because of a demand catalyst. It ends when sellers run out. I walk through the supply and demand mechanics on the whiteboard, explain why marginal changes in supply and demand drive Bitcoin's price far more than headlines or narratives, and then show you three on-chain charts proving Bitcoin supply is constraining right now.Sign up for Blockware's free webinar to learn how to turn taxes into Bitcoin: https://blockwaresolutions.com/webinar
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00:00 - Here's How We Know Bitcoin is Bottoming
02:07 - Price is Set at the Margin
05:34 - Don't lose your Bitcoin
06:12 - There Are No More Sellers
Watch this Next! → https://youtu.be/qJtV99EgBP4
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Disclaimer: I am NOT a financial advisor, and nothing I say is a recommendation to buy or sell any financial instrument. I will never ask you to send me money to trade or invest for you. Don't invest money you can't afford to lose. There are no guarantees in trading or investing. No matter what I or anyone else says, do your own research before making a financial decision. Receive SMS online on sms24.me
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