OnChainPF

Not Financial Advice | Personal Opinions and Ideas | Cryptocurrency Advocate

[OnChainPF @OnChainPF]

Fear/Greed at 10. BTC down 51% from its $126k ATH. Every cycle the bottom forms on single digit fear reads while everyone swears it's different this time. It never is.

[OnChainPF @OnChainPF]

Fear/Greed at 8. Single digit prints show up a handful of times a cycle. BTC already green 2.9% today, down 50% from ATH. Extreme fear is the entry, not the exit.

[OnChainPF @OnChainPF]

Fear/Greed at 12. Extreme Fear. Last time it hit this level in 2022, BTC was at $17k. It ran to $126k from there. Same index, different price.

[OnChainPF @OnChainPF]

Fear/Greed at 12. BTC 52% off $126k. SOL 79% off $293. Felt the same in June 2022. The people who held through it don't regret it.

[OnChainPF @OnChainPF]

@AshCrypto Fear/Greed just hit 12. Nov 2022 it touched 8. BTC was $15k. It went to $73k by March 2024. Money goes to USD first. That's what every cycle bottom looks like.

[OnChainPF @OnChainPF]

@AshCrypto 27% in 20 days. March 2020 BTC fell 50% in 48 hours. Buyers who held were up 10x in 12 months. Fear/Greed sitting at 12 right now. Dec 2022 it was this low with BTC at $15k. By March 2024: $73k.

[OnChainPF @OnChainPF]

@cryptofergani Strategy's first BTC buy: $11k in August 2020. Then BTC hit $69k in Nov 2021. Crashed to $15.5k in 2022. Saylor held. Back to $73k by March 2024. Unrealized losses on the latest buys don't change the cycle math.

[OnChainPF @OnChainPF]

Fear/Greed at 12. FTX collapse territory. BTC was $15k the last time it hit this level. It's $60k now. Panic is the product.

[OnChainPF @OnChainPF]

@AshCrypto .5B liquidated in 5 days and Fear/Greed sits at 12. March 2020 had the same setup. BTC crashed 50%, wiped the leveraged longs, then ran from $3.8k to $58k in 12 months. Leverage loses. Spot wins every cycle.

[OnChainPF @OnChainPF]

@DaanCrypto Fear/Greed at 12. March 2020 it was sub-10 - BTC went from $5k to $60k in 12 months. Nov 2022 extreme fear at $15k, 6 months later up 80%. Every extreme fear cycle since 2018 has preceded new ATHs.

[OnChainPF @OnChainPF]

@CryptoVizArt @glassnode More LTH supply underwater than post-FTX? Post-FTX BTC was at $15k. It went to $73k in 16 months. Fear/Greed at 12 right now. Capitulation is a feature, not a bug.

[OnChainPF @OnChainPF]

@TychaelA @AshCrypto Saylor bought at $11k in Aug 2020. BTC is still 5.7x that. Fear/Greed at 12 right now. Every time it's been this low, BTC was up 40%+ in 6 months.

[OnChainPF @OnChainPF]

@patsburner69 @AshCrypto Fear/Greed at 12. Extreme Fear. Last time it was this low, BTC was at $15k. It hit $73k 16 months later. 15-year asset with 4 full cycles and new ATHs every time. Ponzis don't do that.

[OnChainPF @OnChainPF]

@SuperS_Scotty @AshCrypto Fear/Greed at 12 right now. People said the same thing at the Nov 2022 bottom. Those who tried timing it missed $16k BTC going to $73k in 16 months. The wait IS the strategy.

[OnChainPF @OnChainPF]

@AshCrypto BTC underperformed Nasdaq by 50%+ through all of 2022. Then hit $73k March 2024. F/G is at 12 today. Last time we had extreme fear like this was June 2022 at $18k. BTC 4x'd in under 2 years.

[OnChainPF @OnChainPF]

@rektfencer MSTR's loss isn't the signal. Fear/Greed at 12 is. Post-FTX BTC was $15k. Hit $73k 15 months later. Post-Covid it was $4k. Extreme Fear always looks 'broken.' It never is.

[OnChainPF @OnChainPF]

@CryptoKaleo LUNA had zero collateral. Strategy holds 500k+ actual BTC. One ran an algorithmic death spiral. The other just carries debt. Strategy held through BTC at $16k in 2022. LUNA went to zero in 72 hours.

[OnChainPF @OnChainPF]

Fear/Greed at 12. Extreme Fear. BTC down 12% this week, volume up 80%. Last time this index was this low, June 2022, BTC was k. It ran to $126k.