maartunn
Biggest divergence on $BTC Supply Shock Ratio since November-2020!
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. đą 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%. đĽ Given Christmas and End of Year, I expect this to play out in late december or early january đ