It is time to put back on our on-chain analysis hat for #Bitcoin! In this video of on-chain analysis we discuss supply count statistics, but rather denominating addresses in #BTC, we denominate them in #USD. This helps us visualize the growing amount of money in the #crypto asset class as a function of time, supporting our general thesis that #Bitcoin trends higher with time. In order for the price of #BTC to trend higher with time, it needs to be supported with a growing amount of interest in the asset class.

Data provided by: https://coinmetrics.io/

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Disclaimer: The information presented within this video is NOT financial advice.

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