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The original was posted on /r/bitcoin by /u/Salty_Bluebird113 on 2024-01-24 10:02:25+00:00.

Today I spent like 3 hours on the charts related realised price of btc and daily volumes. The amount of time btc stays above realised time with higher volume. The realised price will go higher and higher. The more the realised price goes up the more the upside for the price. When price moves sideway its like streching an elastic. I am not good at explaining the things i understand in my mind. But think about realised price and volume. When people who hodled sell their btc, the realised price will go up very fast. So this mt gox fud and these gbtc outflow are actually streching the elastic events. Spend some time and give some thoughts on these things. Since btc supply is limited there is no way it can go down for a long time, everytime it goes down it accumulating momentum to go up. The phrase “number go up technology” make perfect sense to me know.