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Gold Surges in Q1 While Bitcoin Struggles

Gold Surges in Q1 While Bitcoin Struggles

ByteTree BOLD Price cycles and seasonality sometimes appear to be one of the great market mysteries, but there’s often a simple explanation. It is easy to understand why the demand for fireworks peaks at New Year, but other cycles can be harder to explain. I’ll get to gold

The Efficient Inflation Hedge Combines Gold and Bitcoin

The Efficient Inflation Hedge Combines Gold and Bitcoin

ByteTree BOLD The world is sinking in debt, and the most gracious exit is to see it inflated away. Inflation is something we had better get used to because financial repression, which keeps interest rates low despite inflation, has become a policy choice. This will disrupt markets, and investors need

Ray Dalio Speaks on Bitcoin and Gold

Ray Dalio Speaks on Bitcoin and Gold

ByteTree Market Health Update; Issue 98 “I would take the gold…I would like to sprinkle a little bit of bitcoin into that mix too.” Speaking at the Future Investment Initiative Forum in Riyadh, when asked about what they would choose between dollars, some gold, or bitcoin to “put under

Bitcoin Fund Flows Stall

Bitcoin Fund Flows Stall

ByteTree Market Health Update; Issue 75 I have written much on these pages describing Bitcoin’s sweet spot. Important factors include robust technicals, macro tailwinds, positive investment flows (people buying it), and above all, robust on-chain network data. I shall go through these in turn. Technicals The long-term picture remains

Only One Million Bitcoins Until the Next Halving

Only One Million Bitcoins Until the Next Halving

ByteTree Market Health Update; Issue 73 With 312,500 BTC mined since the last halving in May 2020, there are one million BTC that need to be mined before the next halving. That is expected to take place on 6 May 2024. At that time, 93.8% of the 21

The Bitcoin Squeeze

The Bitcoin Squeeze

ByteTree Market Health Update; Issue 64 Bitcoin’s creator, Satoshi Nakamoto, designed the Bitcoin Network to become ever more attractive over time. He defined time by epoch, the period between halving events, which are 210,000 blocks apart. With an average block interval of 600 seconds (10 minutes), the time

Bitcoin + Gold = BOLD

Bitcoin + Gold = BOLD

ByteTree Market Health Update; Issue 63 Tesla announced that they had invested $1.5bn in bitcoin and the price duly surged. Markets are more efficient than many believe, and in recent months, the bitcoin price has responded positively to known investment flows more than anything else. Back in the day,