Podcast Episodes
Back to SearchLTHs are Realizing Losses, but Their Cost Basis is 30% Below the Market Price
Episode 229
LTH SOPR below 1.0 does not mean the entire long-term holder cohort is under pressure. The average LTH cost basis is $49.3K, while Bitcoin trades at …
2 months ago
Bitcoin Rebounds to $64.6K, but Fresh Demand has not Returned
Episode 228
The current price rebound is not confirmed by flows. The apparent demand-to-issuance ratio and net age flow are recovering from their July lows but r…
2 months ago
Bitcoin Price Prediction August 2026: Macro & ETF Outlook
Episode 227
Bitcoin price prediction for August 2026 with historical performance, support and resistance, macro outlook, ETF flows, and on-chain data.
2 months ago
Bitcoin remains in the high-stress zone: the indicator reached 71.5
Episode 226
This brief shows how the balance of supply in profit and loss has changed over the past year and how stress has evolved during the past month. The pi…
2 months ago
Bitcoin sentiment is deteriorating, but the market is not in the Fear zone yet
Episode 225
The market is still in the Neutral zone, but sentiment continues to deteriorate and is approaching the Fear threshold.
2 months ago
Bitcoin is Shifting from Speculators to Long-Term Holders
Episode 224
The short-term holder share is near multi-year lows, while the long-term holder share has approached historical highs. This points to lower coin turn…
2 months, 1 week ago
The market is boring, but stress is back for the second time in three days
Episode 223
Local stress rose to 16 points. The impulse was driven almost entirely by price movement, while exchange flows and derivatives do not confirm it.
2 months, 1 week ago
Bitcoin Price Remains Weak While Exchange Flows Stay Neutral
Episode 222
Price weakness has not been accompanied by an increase in supply on exchanges. BTC inflows continue to decline, while Netflow remains neutral. Coins …
2 months, 1 week ago
Bitcoin Supply in Profit Rose to 56%, but the Quarterly Trend Remains Negative
Episode 221
Around 56% of BTC supply is now in profit, compared with 47% at the June low. Market structure has improved, but the 90-day change remains negative: …
2 months, 1 week ago
Bitcoin valuation is four times lower than its historical average
Episode 220
Bitcoin is in an undervaluation zone based on the MVRV Z-Score, but full capitulation, marked by the metric falling below zero, has not occurred. Rea…
2 months, 1 week ago