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David Puell
2,937 posts
David Puell
@dpuellARK
Joined May 2017
- I’m glad to announce that I will be doing crypto and on-chain research for @ARKInvest. Taking #Bitcoin on-chain analytics to the next level with the ARK Team is a dream come true. Excited for things to come!
- Heard this kid has come a long way. This DM was sent when his account was at less than 10k followers. Perfect example of how self-education and hard work (and good meme game) are highly-valued characteristics in the crypto meritocracy. @wclemente
- $BTC: I have the pleasure of introducing the most interesting top-detecting model I've seen for Bitcoin. This metric is a full @_Checkmatey_ original. The lad was awesome enough to let me present it to you for the first time. 1/ Meet "terminal price" (red below)...
- Mexico's third richest man, owner of a media conglomerate, a bank, with the ear of the Mexican President, just disclosed his 10% BTC position, shilling @saifedean's "The Bitcoin Standard" in the process. "Bitcoin protects the common citizen against government expropriation."Hoy les recomiendo EL PATRÓN BITCOIN, este libro es el mejor y más importante para entender #Bitcoin. El Bitcoin protege al ciudadano de la expropiación gubernamental. Muchas personas me preguntan si tengo bitcoins, SÍ. Tengo el 10% de mi portafolio líquido invertido en el 😌💵
- Our analysis suggests that #Bitcoin, proportional to supply held by long-term holders (LTH), is at its most deflationary in history. 1/ Introducing LTH Market Inflation/Deflation Ratio, created in collaboration with @_Checkmatey_ (Glassnode).
- $BTC: I adjusted @wclemente's supply shock ratio for total circulating supply. Gives an oscillating behavior. Looks healthy today.
- Culturally, if I had to pick an exact date when #Bitcoin went mainstream, it would be today. One of the most disruptive figures in 21st-Centory history declared his skin in the game in one of its most disruptive technologies.
- There's few candles in the history of #Bitcoin that are worthy of a name of their own. You know, like chess openings... We shall name this, "Elon's Candle."
- #BTC: That's a massive spike in open interest today, combined with still positive derivatives premium. Neither premium nor OI seem yet wiped. This spike is not CME, as it seems to be Binance.
- The Bitfinex hack seizure is in my view a great example of how on-chain transparency provided useful information to the public domain about a week ago. 1/ On January 31st, several on-chain metrics spiked in a seemingly atypical fashion:
- Replying to @dpuellARKHistorically, whenever price surpasses terminal price, a top can be detected, yet it usually it goes above it by 20% to 60%. Assuming bullish momentum is still in effect, a rounded median of this range would aim for a top at $112.4k USD. That or the top has already been given.
