#Bitcoin #MinerCapitulation #BitcoinPrice #OnChainData #HashRibbons #bitcoinbottom
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00:00 Introduction
01:00 The Story
01:06 Charles Edwards’ Tweet
01:37 Miners Selling at Fastest Rate in 7 Years
02:05 Hash Ribbon Miner Capitulation Confirmed
02:42 Glassnode Hash Ribbon
03:41 Bitcoin Hash Ribbon
04:07 Miners Squeezed
04:24 State of Art Miner S19 Pro -$5.65/Day w 15.95c/kWh
05:20 State of Art Miner S19 Pro -$3.53/Day w 12.95c/kWh
05:49 State of Art Miner S19 Pro BEP 7.97c/kWh
06:18 Conclusion
06:45 Let’s Get Back to Capriole Hash Ribbons
06:56 BTC vs Capriole Hash Ribbons
07:37 Death Cross Defined
07:54 Does It Work – Stock Market History!
08:24 Death Cross and Stock to Flow
08:44 Conclusions
09:20 50/200 Does Not Work
09:44 Gain Between Miner Capitulation & Buy Signal
12:30 No Correlation Between Duration and Price Change
13:13 Median Price Change
13:15 Average Price Change
13:24 Average Duration from Cap to Buy Signal
13:36 13 Instances, Only Once Did Bitcoin Go Down
14:18 Final Conclusion:
15:20 Perhaps This Time is Different
39 Comments
this is truly great work. amazing analysis. haven't seen this kind of data being talked about anywhere.
It all depends of the Fed at this moment. I don't think any charts or capitulations matter at this moment in time.
James, since this is NFA and only entertainment, I do not follow any advice and I feel very entertained.
Pls analyse history of global fundamentals N/GDP, Primary resources demand mvt (oil/metals, etc.), manufacturer inventories/demand; household/bus debt, ect…: How might top/solid crypto’s assets respond to a range of scenario outcomes? Maybe, pls, if signs are of another historical global downturn (or in-betweens), is it possible to estimate (historical mvts precedents ) best/worst recovery cycle/years? I observe global political issues, please nul these for all/part of presentation. Ta
Thank you James, phenomenal video well done.
Thank you boss for video
Thank you very much James!!
This is exciting. On the other hand, Bitcoin has never been chin-deep in a recession — with many predicting it to go ear-deep.
Loved this analysis
This vid. contradicts your prior vid – halving BTC
Thanks James for your content
1
Best utility so far in whole crypto space
Great analysis and conclusion. Thanks James and the A team.
The bottom is not in when everyone is asking if the bottom is in. The lowest lows will come when apathy sets in.
Much appreciated James!
If the stock market tanks with a recession next year, wouldn’t the crypto market do the same?
Best shiller on YT hands down
FYI James, Fantom has now surpassed Solana on DAU
Wait until the HU-MANS become uncivilised and start eating each other without CUTLERY Bitcoin down more.
Can you make a video on Ultron? og ULX coin. i've been approached by a network marketing company ma'vi or something to promote the coin. i see red flags everywhere.
Charts can only tell you what’s happened in the past, and never tell you the future only, what might be
Thanks James
Hey James, thank you for a great analysis. Do you think it makes sense to get solar panels to fight high prices of electricity in central Europe and use the excess energy during the spring/summer to mine BTC/other crypto? Or would it be better to simply invest all that money straight to BTC? Thank you.
the start of the BTC price ramp towards halving by chance falls inline with the 48day signal.
👌🏼
If the avarage whas 48 days, how many days were the different buy signals?
Can you update the how to retire on bitcoin by 2030 given where we are now? 1 year ago, the conservative model showed a bitcoin prediction of $551k by 2030 if bitcoin was $335k in 2022. If we are starting at $16K in 2022, the straight math would say your previous model would show $27k by 2030?
Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers
Problem is, we have never had a bear market in these economic conditions, Covid, ukraine, inflation, gas, supply shortage due to covid, china Covid supply and economy. Unfortunately, I believe we will go lower for at least another year.
Is this time different?
Many sources stating the Solana was part of big pump by influencer and also read now that someone overstated the numbers of developers to pump the token.. I’m really p…ed off by this. I have only bitcoin now and never buy any altcoin unless someone will really convincing me there is real value on any of them.
Our rate for residential where I reside in TN is 10.2 cents/kw
Deep analysis, I love it.
Great content as always. Some of your viewers need to understand you are just showing the numbers and not spreading illusions or false hopes ! Great channel
Great assessment on the aggregate numbers. Hopeful indeed, but much of this is balanced on the macro headwinds outside of BTC. This is all seen using horse blinders. But love the number crunch!
great video! few days i was planning to ask for such video)))
one more point in regards of halving, which will be in 2024. If to imagine its happening now, so, looks like many miners will capitulate with time?
Why did you make your “How to retire on Solana by 2026 in top 12 Global Retirement Destinations” video private?