Spiral chart. #Bitcoin


#Bitcoin on-chain & cycle analysis. Signal only. Follow the carrot down the rabbit hole.
Merry Christmas everyone 🎄🧡 #Bitcoin

12/24/2025, 21 engagements
On-chain fair value. #Bitcoin

12/24/2025, 10 engagements
STH cost basis dropped to the $100k psychological level, which coincides with the $2T market cap. #Bitcoin

12/23/2025, 8 engagements
Bitcoin is severely undervalued, similar to the COVID crash. #Bitcoin

12/11/2025, 23 engagements
This drawdown caused the biggest spike in realized losses in over 2.5 years. #Bitcoin

Supply Distribution: More than 5% of all #Bitcoin changed hands during this drawdown! Movements of this size are rare but seen during capitulation.

11/24/2025, 5 engagements
On-chain value map. #Bitcoin

10/30/2025, 11 engagements
Above the STH cost basis. #Bitcoin

10/27/2025, 1 engagement
12-month RSI of Gold vs. Bitcoin. Gold in mania territory. #Bitcoin

10/25/2025, 1 engagement
We saw a ~15% drop from the ATH. #Bitcoin

10/23/2025, 3 engagements
Q4, 2025. #Bitcoin

10/21/2025, 13 engagements
Bitcoin crashing further: price action, market structure, and whether gold is telling us where Bitcoin is heading next. Read today’s Bitcoin Strategy newsletter 👇
https://www.bitcoinstrategyplatform.com/news/market-analysis-is-gold-telling-where
10/17/2025, 1 engagement
Yes, we had a major deleveraging event and it affected the #Bitcoin price. But would you rather hold dollars or euros in the long term?
EUR Low: 930 sats → Now: 1049 sats USD Low: 793 sats → Now: 899 sats
In euros, the recent low was the first one since Jan 20th of this year, and we’re again fighting the 1,000 sats per EUR level. In dollars, we already had several lows, and are approaching 500 sats per USD even faster. If you're worried about current price action (orange area), you might want to zoom out. This chart is only 2 years of data.

10/15/2025, 6 engagements
The biggest liquidation event became a reversal to the STH cost basis. #Bitcoin

10/13/2025, 11 engagements
We're in the most bullish quarter of the 4-year cycle. #Bitcoin

10/10/2025, 12 engagements
We've been anticipating this rally by watching STH supply as a proxy for hype. #Bitcoin

Last week’s ETF inflows were the highest in 22 weeks, 8.8x the new supply issuance. #Bitcoin

Continuing in the channel. #Bitcoin https://blossom.primal.net/5b89c6f54864aa3f5c9a05cfd7d94d493d79ef0b86b8fc9995f60c722be0ff5c.png
Short-Term Holder cost basis has surpassed $100K for the first time. #Bitcoin

Lift-off from the $2 trillion market cap. #Bitcoin https://blossom.primal.net/b604733d63067ce2c5b28bb055b4021ef8a17bbdf1c442e50951094158c4a8a7.png
6/19/2025, 6 engagements
Bitcoin Spiral in block time.

6/17/2025, 6 engagements
Bitcoin treasury companies borrow fiat to buy Bitcoin. Fiat inflates, Bitcoin holds. That’s the yield.

6/14/2025, 4 engagements
Not only did we hold $100K, we also bounced off the $2T market cap. #Bitcoin

Institutional #Bitcoin holdings dropped 10% in Q1 2025, the impact of de-risking during tariff and trade war uncertainty.

Last week’s net ETF inflows were over 11x the new supply issuance, a new record! #Bitcoin https://blossom.primal.net/6df47d52f771a4703c35618d3618d18d6391f02709fa5c2d323263596161aec1.png
Will $1 get you more or less than 1,000 sats by the fifth Halving? Act accordingly. #Bitcoin

Bitcoin would have to fall below $64K by next week for the spiral chart to cross the 2021 cycle's first peak (~$64K on Apr 13). #Bitcoin

Another week, another start with ETF inflows, though slightly weaker than last week. #Bitcoin

Weekly data is in! After five straight weeks of outflows, ETF inflows are back. This week closed strong. Is the bottom in? #Bitcoin

After five weeks of ETF outflows, this week kicked off strong with the highest daily inflow in over a month. #Bitcoin

Most sustained ETF outflows yet. ETF investors still treat Bitcoin as a risk asset during macro uncertainty. #Bitcoin https://m.primal.net/PgsW.png
Will #Bitcoin cross the previous cycle at $58K or move into the $100K range?

Current drawdown is very similar to the previous one, both reaching nearly 1.4 standard deviations above the STH Cost Basis. #Bitcoin

Update: Gap filled. #Bitcoin

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2/24/2025, 7 engagements