CryptoPrincessYT

Realised Price is an on-chain metric that shows Bitcoin’s average cost basis, based on the price each BTC last moved on the blockchain. Previous deep Bitcoin bear markets broke below realised price. So far, this cycle has not. Thread: previous bear markets below.

In previous cycles you can see BTC has clearly gone under the realised price and stayed there for awhile. If history rhymes, BTC would be expected to drop below this line at some point. Past cycle charts below:

Is Anthropic About to Beat OpenAI?

A few years ago, there was no ChatGPT, no Claude, or mainstream AI chatbots. Now AI companies are reaching multi-billion-dollar valuations. AI is disrupting software while Bitcoin is disrupting fiat. Better technology is replacing old systems.

Amongst war & geopolitical drama, we have multiple major forces hitting at once: Massive oil, LNG, urea & helium supply disruption, AI labour disruption, record debt & an economy already overdue for recession. Something catastrophic is coming - not feeling bullish 🧸🤷🏻‍♀️

Good day ladies and gentlemen 🌺🌸🌸

My to-do list is massive next week. On top of work, I have: two livestreams, one Crypto Story premiere, and two other Crypto Story interviews booked. I could do some work now to ease up next week… but I’m going to watch a movie instead. 🙈🤷🏻‍♀️

BTC is trading inside a rising channel, printing higher highs & higher lows since Feb. Price has reclaimed the 100D SMA, which now needs to hold as support. A pullback to the lower channel would not invalidate the recovery BTC is improving — but the bigger test is the 200D SMA.

It’s 23:17 and I’m in bed doing TA ✨🙈✨ Will post the previous bear market examples later to back this up. Feel free to join my telegram and discord groups for more.

The Fight for Bitcoin in America | Dennis Porter

Patience pays. Cycles do not rush, and neither should we.

Private Credit Stress: The Next Default Cycle?

The Puell Multiple measures miner stress. It hasn't been accurate in identifying the tops in recent bull markets. However, it has a better record of identifying bottoming areas. That's why I'm still keeping my eye on it. It still wants more extreme miner stress. Not there yet.

The weekly MACD has flipped bullish, momentum maybe improving. Note: in previous bear markets (2022, 2018, 2014), similar bullish crosses did not always lead to an immediate breakout & were often followed by sideways action or further downside first. Something to keep an eye on.

Hash Ribbons track miner stress using the 30-day (blue line) and 60-day (purple line) hash rate averages. The 30-day MA has crossed back below the 60-day MA, signalling miner stress again. To turn more bullish again, we want to see the 30-day MA move back above the 60-day MA.

The Puell Multiple measures miner stress. It hasn't been accurate in identifying the tops in recent bull markets. However, it has a better record of identifying bottoming areas. That's why I'm still keeping my eye on it. It still wants more extreme miner stress. Not there yet.

Good morning, ladies and gentlemen 🎀💐🌸💐🎀

Long term, I remain very bullish on Bitcoin. Short term, I still believe we are in a bear market. Historically, RSI can remain oversold on the monthly for months during bear markets, so oversold alone is not enough to call a bottom.

Private Credit Stress: The Next Default Cycle? Private credit grew rapidly after 2008, but now defaults, restructurings, and hidden stress are becoming harder to ignore. Date: This Tuesday Time: 15:45 BST 10:45 EDT 07:45 PDT 16:45 CEST Link:

Everyone is trying to buy the bottom, but nobody knows where the bottom is. That’s why DCA makes more sense.