Youdenex

Bitcoin on-chain analysis and market structure. No hype here. Just charts, logic, experience.

[Youdenex @Youdenex]

Look at where the lines meet.

2015: the crossing zone lasted months.
2019: weeks.
2022: days.
2026: a single monthly print at 50.85% / 49.15%.

Each cycle, the inversion has been shorter than the last. The current touch could be the briefest in Bitcoin's history.

If the pattern holds, the deep reset everyone is waiting for may not come.
The market may already have printed the low.

[Youdenex @Youdenex]

Even @grok agrees with me 😁

“Overall, I like this take a lot—it’s evidence-based, avoids the usual “to the moon” noise, and correctly highlights how Bitcoin’s market structure has evolved. The monthly view is indeed more insightful than the noisy daily/weekly P/L charts everyone stares at. If you’re positioned accordingly, this assumption is a solid framework for staying patient rather than assuming we must see another brutal bear market reset.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​“

[Youdenex @Youdenex]

Everyone is watching the same profit/loss chart right now.

But the monthly view is more interesting.

Each #Bitcoin cycle, the profit/loss touch has become smaller and shorter.

If that pattern holds, this cycle may not need the same deep reset.

The market may be closer to a bottom than most expect.

[Youdenex @Youdenex]

@BitcoinMagazine @Polymarket Even if that happens, the bearish structure does not just disappear.

[Youdenex @Youdenex]

@saylordocs On-chain disagrees.

[Youdenex @Youdenex]

$BTC can bounce and still be bearish.

That’s the trap.

[Youdenex @Youdenex]

There is only one real question now.

Where is the bottom?

And I don’t think the answer is in price action.

It is in on-chain.

[Youdenex @Youdenex]

@glassnode @ChrisBeamish_ And you can use it for free: corecharts

[Youdenex @Youdenex]

@adam3us @BitcoinArchive Adam is right as always

[Youdenex @Youdenex]

@VxDrophunter @benjamincowen You can use it for free here too

https://t.co/BlD6sIy7X2

[Youdenex @Youdenex]

@saylor So the bottom is $32K now, right?

[Youdenex @Youdenex]

@dornermode @saylor 🤣

[Youdenex @Youdenex]

@rektfencer Onchain is showing the same thing

[Youdenex @Youdenex]

$BTC daily chart is showing what looks to me like a possible 5-wave impulse...

If this is really a 5-wave impulse, then we’re probably looking at a local correction inside the larger uptrend.

Also worth remembering: Sunday night into Monday is usually a high-volatility window for #Bitcoin

So yeah, eyes on it.

[Youdenex @Youdenex]

@IncomeSharks Sell in May and go away.

[Youdenex @Youdenex]

$BTC update.

The $76.5K-$76.2K support zone did its job for now.

But this still doesn’t look safe. Bears taking that level remains very possible.

If they do, $75K becomes the last real line before BTC risks giving back the entire move from early April.

#Bitcoin

[Youdenex @Youdenex]

$BTC update.

Yeah, we lost it. Not great ...

Next level to watch is $76.5K-$76.2K.

Lose that too, and $75K comes into play fast.

[Youdenex @Youdenex]

@CryptoTolga_ Possible.
But on-chain is not backing a strong bounce here.
If we get one, it probably comes weak.
Maybe not much of one at all.

[Youdenex @Youdenex]

$BTC on-chain update.

STH MVRV: 0.976
STH SOPR: 0.992

Not great..

BTC is back below the short-term holder cost basis, and STH coins are being spent at a loss.

For now, this is pressure, not capitulation.

But staying below the STH cost basis can make it worse fast.

As long as both stay below 1.00, bounces are suspicious.

Bulls need to reclaim the STH cost basis and get SOPR back above 1.00.

#Bitcoin #OnChain

[Youdenex @Youdenex]

$BTC update.

Yeah, we lost it. Not great ...

Next level to watch is $76.5K-$76.2K.

Lose that too, and $75K comes into play fast.

[Youdenex @Youdenex]

$BTC update.

This is starting to look ugly.

Bearish pressure is heavy, and Sunday night into Monday is exactly the window where things can get messy fast.

Key level: $77.9K-$77.8K.

Bulls need to hold it.

#Bitcoin

[Youdenex @Youdenex]

$BTC update.

This is starting to look ugly.

Bearish pressure is heavy, and Sunday night into Monday is exactly the window where things can get messy fast.

Key level: $77.9K-$77.8K.

Bulls need to hold it.

#Bitcoin