- Old hands clutch Bitcoin with desperation—or is it hope?—as the rest of us wait in the cold.
- Spot buyers march in, wallets heavy, eyes glazed, fueling a rally only the brave believe in.
Another night slouches past. Bitcoin [BTC] adds another 1.12% to its price, now lording above $105,000—because why settle for less, comrade?
Chaos swirls in the world outside; banks stammer, stocks tremble. But Bitcoin, that obstinate orphan of modern finance, stands—propped up by the icy grip of long-term holders. AMBCrypto, with the diligence of a Soviet office clerk, wonders: how long can these tired hands cling to hope?
Long-term holders, world-weary but unbowed
The RHODL ratio (not your grandmother’s soup recipe, sadly) weighs settlers of old—6 months to 2 years—against the impulsive short-term crowd (1 day to 3 months). Surprise! The short-term folk are also too scared to let go.
The ratio, hanging below 2, sulks beneath its 2024 peak. This means: holders aren’t selling, perhaps out of faith… or simple inertia. We salute their stubbornness, if not their optimism.
The Puell Multiple, beloved of analysts and insomniacs alike, crawls below 1.40 as I write these lines.
Apparently, this is meaningful: it implies that institutions and spot investors are stuffing their pockets while coins are still available. Accumulate. Hoard. Repeat. The capitalist’s three-step program.
History mutters: when this number sulks under 1.40, the market is greedy, not fearful. Opportunity calls—unless you missed it waiting to buy the dip.
AMBCrypto, relentless as always, demands: who is buying? Who is dumping? Who is merely watching cat videos?
When in doubt, buy the dip (preferably with someone else’s money)
The spot market hums. Brokers yawn. Traditional investors, too, emerge from their wood-paneled lairs to sniff the air.
Naturally, $60.55 million buys happiness—or at least Bitcoin—in the past 24 hours, though apparently, that’s the lowest sum in five days. Cry the tiniest violin, won’t you?
Meanwhile, Wall Street types—starched collars and all—throw down $301.70 million. For them, it’s probably lunch money. “Accumulation phase,” they whisper to each other, as if it’s an ancient hymn.
Is $105,000 really a ‘discount’? The chart says yes. Your landlord says no.
Yet the question gnaws at the bones: will the whole market join this blind march toward prosperity? Or will some of us be left clutching worthless wallets?
Funds enter the brawl: Will there be anything left for the poets?
Somewhere in the background, investment funds wake from hibernation. The Fund Market Premium shifts into the positive—0.1. Not much, but in these times, even crumbs can look like a feast.
Prices rise. Charts glow with optimism—like an iron stove at night. But beware: when too many chase too little, prices bite. That, comrades, is a supply squeeze. Forced to buy, obliged to pay, and yet unable to dine at the capitalist table. 🥲
So the cycle turns. Bulls snort, bears mope, and the rest of us scribble articles, hoping someone notices before it all comes crashing down again. 🍻
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2025-06-14 19:09