NUGGETS OF ALPHA
Overall, the supply of Bitcoin is becoming more distributed
The smallest cohorts of Bitcoin holders are growing in dominance
Per Pantera's forecast, they expect a $148K BTC by 2025
The CAGR of Bitcoin has fallen from 62% in 2022 to 26% in 2023
During the last bull market, Bitcoin's CAGR averaged 120%
The Krill cohort moved from 26M to ~45M addresses this last cycle
The Whales no longer control a significant share of the Bitcoin (only 11%)
The estimated number of BTC wholecoiners today is 31,985
If you hold 0.23 BTC, you have more than the average net worth of humanity
Today’s lesson, Bitcoin Wealth Pyramid, will help answer the question, "Why Bitcoin is Only Going Up?" In turn, it will help you better understand the Halving and the Laws of Supply and Demand.
If the math for this cycle follows plays history, the trend indicates this bull run should produce a
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