Bitcoin supply and demand zoom out perspective

Dec 4, 2020

I wanted to take a step back and zoom out on Bitcoin supply and demand. Because there's only 21 million BTC to ever be in supply, the supply part has to do with who is willing to sell and how much when. Here's a simple 4 year dynamic chart and 3, 2, 1 year screen shot. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading 101*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
tradingview.com/u/growerik/
tradingview.com/gopro/?share_your_love=growerik

Dec 4, 2020

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3 year:

Dec 4, 2020

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2 year:

Dec 4, 2020

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1 year:

Dec 4, 2020

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6 month:

Dec 4, 2020

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2 month:

Dec 7, 2020

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5 week: