In this video, I delve deep into the critical on-chain metrics data related to Bitcoin and the broader crypto market, drawing intriguing parallels with historical market cycles. We explore the question of whether the bears are truly tapped out and if we’ve already witnessed the bottom of this crypto cycle. By analyzing the Realized Profits to Value Ratio (RPV) and examining historical patterns, I present compelling evidence that suggests the bottom might be in or very close. While we discuss potential downside targets, it’s crucial to understand the broader context and recognize the significant risk in waiting for lower lows. Join me as we decode these essential metrics and navigate the fascinating dynamics of the crypto market. Don’t forget to share your thoughts in the comments—do you believe the bottom is already behind us?

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    41 Comments

    1. Biggest thing going forward is the economy and macro market. If we see the S&P drop to 3,000 and other markets get crushed don’t think for a minute it won’t affect crypto.

    2. The bottom is not in. I think the bottom will happen extremely quickly and very few will catch it, as I also believe it will run up very quickly. A lot of cryptos did this like Ada. Bottom came then hardddd reversal

    3. We will never know for sure, but to be safe, I use the trading indicators and signals from AltSignals, which come if you invest at least $150 in $ASI. Pretty good strategy, if you think about it.

    4. It amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that oppor-tunities abound in the financial markets, The only thing is to know where to focus….Thanks so much Marcia Ann Bice….

    5. I agree that the data looks like the bottom is in and it very well could be. However, after coronavirus and INSANE government spending, we can't officially make that call. We have NEVER had such a terrible economy with crypto on the side and have not seen what it can do to our market. We will see,,, but his optimism has historically skewed his thinking. I really do like this guys channel a lot, but he's historically been a "hype man" no matter where the market is.

    6. All I know is that Bitcoin dominance is under 50% and Cardano is down 93% from it's high. Every crypto youtuber I see references Bitcoin and crypto history to try to suck you back into whatever narrative they're trying to push. Why won't they talk about no alt coin season ever starting when bitcoin dominance was below 70%. These altcoins are supposed to be at their bottoms when altcoin dominance is high, not under 50%. How can you have long term optimism in certain alt coins knowing this? The free money is over boys and girls, that's all you need to know.

    7. Remember when Ada was going to be used to collate Ethiopian exam results? This was going to be the biggest thing since the moon landing? Then it dumped 80%? Then you think hang on…does Ethiopia even have schools? And if they do…does anyone care if just keep wrote their results using pencil and paper?

    8. The swift, dramatic shifts in crypto values highlight market volatility and shifting investor sentiment. Yet, I view these as steps toward global acceptance and eventual stability. Despite risks, I'm optimistic about crypto's potential to overhaul traditional finance. Successfully predicting trends in this unpredictable landscape relies on dependable pattern analysis and signal sources. Using Francine Duguay's tactics, my portfolio saw a substantial growth in weeks. Her daily trades offer more than mere advice; they're a reservoir of key insights…

    9. The time of free money is over. The Fed won’t start printing anytime soon. The Dollar is coming back with a vengeance.
      Time to wake up and see Crypto for what it really is: Worthless shi”p”coins. The money of scammers, frauds, criminals and terrorists.

    10. Hi Dan! This is truly fantastic, but… Have you heard how MASSIVE Liqwid Finance is going to be once it stopped dropping in the near future??? 😃 (your daily reminder)

    11. Wow, thanks for continuing to update us 👍 I have to say to educated. Just off your YouTube video alone, I was up to $26,700 last week and will be closing this week up $46,500… I really appreciate you 🙏

    12. This is what I'm looking for in a crypto video. Please do more of these!!! I'm worried about when to sell so I don't go back down to alltime lows this next run. Please keep doing these?

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