Maybe. But that’s not how I make my investment decisions.

Also, I know of several intelligent, very well known people who believe that we are in or headed into a recession, and that stocks and bitcoin are going to crash hard in the near future. 

 How much do you look at on chain? And what @preston refers to supply suffocation?  Any thoughts on where we are with that? 

 I think it’s interesting. 
But I generally don’t make fund management decisions based upon on chain data.