This blog has now been live for nearly 6 months, and after multiple requests, it’s time to do an updated introduction. This blog is all about discussing and analysing BTC purely from an OBTC perspective. I tend to analyse market conditions in the here and now, so this is not really a blog for forecasting future price and such — although this is something that can certainly be done using OBTC data.

OBTC is a model to value macro demand and supply for BTC using on-chain metrics. The idea is to look into the chain, understand the behaviour of market…


OBTC is an attempt to value BTC using on-chain activity. I’m just a bitcoin investor, not a professional quant, please do not take this conjecture too seriously

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