#Bitcoin is approaching All-Time Highs, but the scary part is - retail isn't even back yet.
It may feel like you're late, but in reality you're STILL early.
Want proof? Check out the 5 indicators below. ๐๐งต
It may feel like you're late, but in reality you're STILL early.
Want proof? Check out the 5 indicators below. ๐๐งต
1. YT metrics are still insanely low (compared to last cycle).
YT is one of the strongest retail indicators, as it's essentially the "home of retail" for crypto.
Despite $BTC flirting with new ATHs - metrics on YT are still significantly down vs last bull run.
YT is one of the strongest retail indicators, as it's essentially the "home of retail" for crypto.
Despite $BTC flirting with new ATHs - metrics on YT are still significantly down vs last bull run.
2. Searches for "Bitcoin", "Crypto" and "Altcoins" are still nowhere near 2021.
Google searches are another strong retail interest gauge.
Google searches are another strong retail interest gauge.
3. Crypto apps still aren't charting on the App Store.
In 2021/22, crypto apps (exchanges etc.) were consistently in the top 100 by app rank.
They're still nowhere to be seen.
In 2021/22, crypto apps (exchanges etc.) were consistently in the top 100 by app rank.
They're still nowhere to be seen.
4. Altcoins are still significantly lagging $BTC.
The chart below highlights the price action discrepancy between BTC and TOTAL3 (altcoins).
There is still a lot of room to run.
The chart below highlights the price action discrepancy between BTC and TOTAL3 (altcoins).
There is still a lot of room to run.
5. The final point is more anecdotal, but it's a strange feeling that $BTC is almost at new highs, yet:
โข Celebrities are nowhere to be seen (in 2021 everyone and their dog was posting)
โข There's much less public advertising
โข Friends/family aren't texting nonstop
โข Celebrities are nowhere to be seen (in 2021 everyone and their dog was posting)
โข There's much less public advertising
โข Friends/family aren't texting nonstop
As you can see, there is still a lot to be excited about.
It may not feel like it, but we are truly here "before the masses".
If you enjoyed this post, follow me @milesdeutscher for more crypto guides, analysis, opportunities & more.
It may not feel like it, but we are truly here "before the masses".
If you enjoyed this post, follow me @milesdeutscher for more crypto guides, analysis, opportunities & more.
Loading suggestions...