1,738 Photos and videos
DurdenBTC retweeted
18h
bitcoin's puell multiple just hit the 1st percentile.
full miner capitulation. 3 of 3 stress signals lit.
the last time miners hurt this bad, you wanted to be buying.
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DurdenBTC retweeted
Jun 12
the monthly $BTC RSI is oversold.
this is a SLOW signal. it's fired four times, ever:
2011 → 405x
2015 → 63x
2019 → 16x
2022 → 6x
number five is printing right now.
not financial advice. just the monthly.
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DurdenBTC retweeted
Jun 11
long-term holders are sitting on $BTC they bought at $48,354 and they're still buying more.
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DurdenBTC retweeted
Jun 11
make them all think $BTC bottoms at $35k.
good. let them post it. let them set their bids.
now wick to realised price at $53k... and cut the feed before they can buy.
good. now take it back to ATHs.
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Jun 11
make them all think $BTC bottoms at $35k.
good. let them post it. let them set their bids.
now wick to realised price at $53k... and cut the feed before they can buy.
good. now take it back to ATHs.
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DurdenBTC retweeted
Jun 11
$BTC supply in profit collapsed 19.3 points in 30 days.
half the market is underwater and the label still reads 'fear,' not 'capitulation.'
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DurdenBTC retweeted
Jun 10
$BTC is ~$36,000 below its harmonic fair value right now.
the 1-year return from this zone is 175% historically (79% win).
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DurdenBTC retweeted
Jun 10
realised price is the average cost basis of every $BTC holder. right now: $53.6k.
btc has never bottomed above it. and the dip below shrinks each cycle:
2011: -58%
2015: -49%
2018: -47%
2022: -34%
a decaying sequence.. same one the drawdowns follow.
extend it: -20-30% below realised = $37-43k.
we're at $61k.
the floor is lower. not financial advice, just the pattern.. and hopefully, this pattern breaks.
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DurdenBTC retweeted
Jun 10
$BTC ETF holders are the most underwater they've been since launch.
see that green line? "inflows in profit." it's been flat on the floor for a year.
wall street showed up, bought the top, and called retail dumb money.
not financial advice. just the tape.
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DurdenBTC retweeted
Jun 9
copper/gold ratio has flipped risk-on for $BTC.
risk-on returned 167% annualized.
risk-off? 44%.
that's a 123% edge from one macro signal almost nobody watches.
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