Four frameworks to read Bitcoin's cycle:
1. KAIROS timing
2. BTC/VIX trendline
3. January Range close
4. Volume profile nodes
One read, every Monday, free. Four years and counting without a missed week.
Get it here: https://t.co/08FP843ULP
🧵 My Bitcoin Barometer scores where $BTC sits in its cycle...one number, 0 to 100, built from on-chain data only...
This week it turned up for the first time since the fall began...
Latest reading is 18.8...
Still in the Bottom zone... ⬇️
#Bitcoin
$BTC ticked green this morning after seven days down...
Fear's still sat at the lows...price did one thing, sentiment hasn't followed it anywhere...
17.9 on the Barometer…Still Bottom...
That only shifts when holders shift...a green Sunday isn't holders shifting...
#Bitcoin
$BTC Barometer at 16.3...deep Bottom band...same score territory as 2018 and 2022...
Both those lows had real holder surrender showing up in the behaviour underneath...
Deep on the score now...
That same intensity isn't there...yet..
"The harsh truth: 95% of you will never get rich with crypto. Most HODLers are just bagholders in denial, waiting for the next cycle just to break even."
A TMU member. Unpopular opinion. Hard to argue with.
via TMU member
Alts holding while $BTC bleeds...read as rotation already here...
A ratio popping because #Bitcoin fell faster than $ETH isn't the setup turning up...
Every real ETH/BTC rotation needed BTC late-cycle and ETH cheap against it...both missing...QUIET...
Faked this before....🤔
Yeah $BTC rn at around $63.8...
Barometer at 17.3...
MVRV Z at 0.34...1 metric of 15 ranked against its own history...
Oct was 2.53 while plenty called the top...the top was still months out...
A single reading runs early at both ends...mind what you hang on it...
#Bitcoin
Strategy trimmed 32 $BTC and both sides called it a verdict...
Bears say conviction broke...bulls say he sold the 2022 low...same filing read for whatever you already believed...
One custody line tells you nothing the chain wasn't already showing this week....
$BTC Barometer at 19.3...Bottom...
The score drifted lower this week and the price metrics didn't move at all...
Mayer still 0.99...200WMA still 1.33x...same as a fortnight ago...
So what moved....⬇️
#Bitcoin#Onchain
"Technical Analysis is just astrology for men. Drawing coloured lines in TradingView is the equivalent of throwing tarot cards."
A TMU member, on opinions that would get you banned on CT.
via TMU member
Bitcoin Barometer crossed below 20 today...19.9...zone label is now Bottom...
Previous Bottom readings in $BTC history...
Nov 2018...
Mar 2020...
Nov 2022...
But you know what....Probably nothing...