Bitcoin insights, price analysis, and market signals from Adler AM. Weekly context, on-chain data, and actionable BTC research for investors and traders.
New Investor Flow turned negative at -$1.2B as fresh demand fades. BTC leans on Adjusted Realized Price at $58.4K — the line to hold before $46.7K.
The Fed held rates at 3.50%-3.75% with a hawkish dot plot. Bitcoin fell 4% below $64K while gold rebounded above $4,300, a risk-off signal.
Bitcoin's second capitulation wave peaked near $1.4B, almost half February's $2.6B. Seller exhaustion builds as the P/L ratio sits deep in capitulation.
Bitcoin SSRR hit the red zone at $60K as supply in loss overtook profit. CVDD marks the structural floor near $48K, the key downside level to watch.
Bitcoin bounced from $60K to $65.6K on returning taker demand, not a short squeeze. Funding Rate stayed positive 10 days straight - watch for overheating.
BTC exchange inflows hit +114K while stablecoin flow fell to -105M. Supply up, demand fading - the structural cause of Bitcoin's 22% drop.
Bitcoin's MVRV Z-Score cooled to 0.32 as net realized losses ran 22 straight days. Stress is real but valuation already reset; watch losses ease to zero.
Bitcoin bounced 3.7% off $60K, but Open Interest fell 6% with positive funding - a short-covering rebound, not new leverage. Watch OI for confirmation.
Bitcoin tests its $62K February low as net realized losses hit $7B. The $54K aggregate cost basis is the final support before full capitulation.
Bitcoin sentiment hits extreme fear while capital flows stay moderate, not capitulation. Watch $62K - the February low - to hold or break.
Bitcoin Impulse has collapsed to -59 while 30-day taker demand just turned negative. Momentum leads; watch the Bear line for confirmation.
Bitcoin's May rally has unwound to the $70K zone as exchange netflows flipped to inflows and long liquidations dominate. Watch 30D netflow for a turn.
