According to @smtgpt, the book The Treasury of Michael Saylor explains Bitcoin from first principles starting with energy, then covers its economic, technical, and philosophical foundations, which are core to building a BTC trading thesis (source: @smtgpt on X, Sep 19, 2025). According to @smtgpt, the book includes extensive visuals that simplify complex topics, improving retention for market participants evaluating BTC narratives and fundamentals (source: @smtgpt on X, Sep 19, 2025). According to @smtgpt, he highly recommends the book for anyone seeking to truly understand Bitcoin before making investment decisions (source: @smtgpt on X, Sep 19, 2025).

According to Investopedia, focusing on fundamentals such as project adoption rates, on-chain activity, and network upgrades is crucial for cryptocurrency trading. While macroeconomic factors like interest rates and currency movements are unpredictable, traders can gain an edge by analyzing blockchain data, developer activity, and user growth for assets like BTC and ETH. This approach helps identify long-term trends and trading opportunities, especially during volatile market conditions. Source: Investopedia (https://www.investopedia.com/terms/f/fundamentalanalysis.asp).