Bitcoin Pulse this week

The exponent keeps falling, the intercept keeps rising, and the fair value keeps moving. Here's what I found.

How AI absorbed the speculative energy that once powered Bitcoin's four-year-cycles, and why bitcoin is transitioning from frontier tech trade to reserve asset.

In this post, we look at the progress of the bitcoin price over the last couple of weeks, and discuss a few insights you won't get elsewhere. Then I look at a long-term indicator with surprising accuracy.