Let me tell you what I’m not doing in 2026
Let me tell you what I’m not doing in 2026: chasing.
Bitcoin didn’t get its Santa Rally. Q4 was crypto’s worst quarter since 2018. Down 22%. The seasonal pattern just… failed.
Here’s what’s really telling me something: On-chain data shows long-term holders dumping at rates we haven’t seen since 2020. Nearly $300 billion worth of dormant Bitcoin changed hands this year. The 1-5 year holders are selling while the 5+ year crowd holds.
That’s not accumulation. That’s distribution.
