Root πŸ₯• Profile picture
Sep 5, 2022 β€’ 22 tweets β€’ 11 min read β€’ Read on X
Slides used with @PeterMcCormack @WhatBitcoinDid.
Hope you enjoy the podcast/youtube!
πŸ§΅πŸ‘‡ Image
Spiral based on Halvings/blocks. #Bitcoin Image
Time based Spiral, 4 year cycle. #Bitcoin Image
Time Based Spiral (4yr.) highlighting ATH's. #Bitcoin Image
Time based Spiral (4yr.) highlighting 🟒 Halvings. #Bitcoin Image
Time based Spiral (4yr.) highlighting πŸ”΄ Bottoms. #Bitcoin Image
Time based Spiral, 4 year cycles. #Bitcoin Image
Time based Spiral, 4 year cycles, ATH symmetry. #Bitcoin Image
Time based Spiral (4yr.) Bull/Bear markets. #Bitcoin Image
Cross Asset Spiral.
Market cap #Bitcoin vs. #Gold , #Silver & Real Estate. Image
Growth Illiquid Supply vs. Supply Issuance per Halving.
#Bitcoin Image
The #Bitcoin HODL Model. Image
Available Supply (=circulating minus illiquid supply) peaked around 3rd Halving. #Bitcoin Image
The HODL Price Model. #Bitcoin Image
#Bitcoin Halvings Image
#Bitcoin Halvings with Realized Price. Image
#Bitcoin Halvings highlighting area where price is below realized price. Image
Cycles aligned by ATH, scaled by Realized Price. #Bitcoin Image
Short-Term Holder supply ass proxy for hype. #Bitcoin Image
Short-Term Holder cost basis bands. #Bitcoin Image
Capitulation Spikes by Realized Losses. #Bitcoin Image
Also a special shoutout to my sponsors @BitcoinMagazine & @btcdirect.

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More from @therationalroot

Mar 11
Chart thread! Here are the charts I used on my recent @WhatBitcoinDid appearance.

37,000+ views on YouTube! 🧑πŸ”₯

πŸ§΅πŸ‘‡
Image
Read 17 tweets
Jul 31, 2023
The 4-year cycle is on point!
Each cycle consists of 3 phases. πŸ§΅πŸ‘‡
#Bitcoin Image
2/ The 4-year spiral chart is my go-to for discussing timing in #Bitcoin. The color-coded chart reflects unrealized profit and losses, unveiling cycle patterns.
3/ We're 6 months into the recovery phase/early bull market. Young transactions, aka Short-Term Holders (STH's) offer crucial signals, profoundly impacted by current price action.
Read 4 tweets
Jun 16, 2023
@WhatBitcoinDid 🧡Here are the slides/charts we cover: Image
Read 22 tweets
Aug 23, 2022
"#Bitcoin ready for major leg down to 9k 😱"

I've seen this chart doing the rounds, time to discuss some misconceptions πŸ§΅πŸ‘‡
First, let's zoom out to provide some context where we're coming from.
Two things stick out immediately:
1. We really went sideways into this All-Time-High alignment.
2. We're comparing previous pointy blow-off tops to a flat distribution top.
Not saying above chart isn't valid, however it's the most bearish alignment possible and imo an unlikely outcome considering the points just made. Now let's chop through both points in further detail.
Read 14 tweets
May 25, 2022
Perhaps the most important chart in #Bitcoin currently!

For the past months we've had LTH capitulation ⁠— shown by the rapidly falling LTH Cost Basis.πŸ‘‡

An uptick is a first sign that LTH’s might have stopped capitulating! Note: early signal, but finally a change in trend!
Context: The LTH Cost Basis is the average purchase price of all LTH's. While we had STH capitulation earlier this year, the drawdown of past months was mostly caused by LTH’s as the Cost Basis declining means more recent LTH's where selling coins purchased at higher prices.
LTH Spent Price is the average price at which LTH's bought the coins they're currently spending.

There are a limited amount of LTH's that have an average purchase price of 33k, namely the ones that bought in the tops. The question is: did we run out yet?
The past 6 days we did!
Read 4 tweets
May 13, 2022
1/8 Why the April 2021 top could be seen as the real bull market cycle top. #Bitcoin
πŸ§΅πŸ‘‡
2/8 I've been posting charts comparing the #Bitcoin cycles aligned by ATH's using the April 2021 top and get obviously many comments saying that "November is the ATH".
Although a case could be made to use November, in this thread I'll explain why I believe April might be better.
3/8 Most on-chain but also traditional indicators show a top in April rather than November.
Looking at #Bitcoin's supply we see that the first peak of 2021 has an enormous increase in Short-term Holder supply while the second has none.
Read 8 tweets

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