Philip Swift

The 200WMA held again as bears screamed for lower. This is the zoomed out view going all the way back to 2012 when Bitcoin was trading at just $4. 🤯 https://t.co/AdzEaOKhdb https://t.co/6APgHMZK01

Bitcoin trending higher today. Currently trading above: ✅200WMA ✅Short Term Holder Realized Price ✅200DMA ✅1yr MA Another tough day for the bears.

Seems to be a lot of stress on here right now about Bitcoin's next move. Its going to be ok. Stay calm, zoom out, and don't get chopped up in this mini range. Price is resting below the 1 yr moving average for now. BTC will go higher medium term, no need to try and guess the next hourly candle.

MVRV Quantile Bands. Bitcoin still relatively cheap, in the 38th percentile of its valuation history... ...or put another way, Bitcoin has traded at richer valuations than today on 62% of all days in its history. https://t.co/U6hOfDTsIt

Hey don't worry, the U.S is only $40 trillion in debt. 🟠#Bitcoin

The Bitcoin 1-year moving average (or the 50WMA / 52WMA, depending on who's posting) Back when I was building new metrics and comparing notes with people like David Puell and Murad, we often returned to the same line for Bitcoin: the 1-year moving average. I've always treated it as Bitcoin's bull / bear pivot, and I think I was one of the first to identify and talk about it in those terms: Break above the 1-year MA: bull market. Break below the 1-year MA: bear market. With the brief exception of the covid crash, that has held true across Bitcoin's entire 17-year history, as the chart shows. But when I look at the timeline now, I see the same idea, lightly repackaged as the 50-week or 52-week MA, being talked about in terms like "It's over for bears" "Up only" "Teleport incoming" once we break above it. It may well hold true again. But when this many people are positioned for the same outcome at the same level, fakeouts and wobbles around the 1-year MA become far more likely, not less. It's very possible we break above it, drop back below it at some point, and only then see the eventual uptrend continuation. That's alpha decay. Every signal in this market weakens as it gets crowded, and I do wonder if the 1-year MA / 50WMA / 52WMA is getting there. So just be careful and don't assume price HAS to mega trend upwards and not look back once we break above the 1-year MA (50WMA / 52WMA). It's just a moving average after all. Hope that's helpful.

Great to see Matt in action representing Look Into Bitcoin at Bitcoin Asia https://t.co/mEbjVZ1EQS

Wild that we hadn't broken through this level for more than a year in the bearish downtrend, then we smashed through it. https://t.co/D4ftrmBNX0

Bitcoin Power Law chart. BTC just teleported off the Power Law Floor price. The mathematical meme lives on! https://t.co/2x7U4yAN0w

Bitcoin is ripping. MVRV Quantile Bands already back at the 25 percentile level after weeks of being less than 10. Love to see it. https://t.co/L7npgEpIRB