The Exchange Supply Shock Ratio

in #bitcoin • 3 years ago

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The Exchange Supply Shock Ratio, which quantifies total Bitcoin supply on exchanges compared to the total circulation Bitcoin supply, is currently in the biggest divergence since November-2020. 😱

In the time between the ratio gave multiple divergences. When these divergences play out, Bitcoin rallys very hard. For example, in June Bitcoin rallied 72% on the divergence and in September-2021, Bitcoin rallied 64%. 🔥

Given Christmas and End of Year, I expect this to play out in late december or early january 🚀

#crypto #exchange #btc
3 years ago in #bitcoin by
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