Bitcoin insights, price analysis, and market signals from Adler AM. Weekly context, on-chain data, and actionable BTC research for investors and traders.
Bitcoin realized volatility fell 56% to multi-year lows as market cap grows slower than realized cap. A coiled, de-risked setup. Watch the 200-day average.
BlackRock withdrew 7,048 BTC from IBIT while Strategy-linked wallets sent 411 BTC to Coinbase Prime. Supply is moving closer to the order book.
Bitcoin 30D net flow flips positive at +103K BTC as stablecoins drain from exchanges. Double risk-off signal - what triggers a regime change.
Bitcoin Structure Shift fell from +0.78 to -0.56 in 3 weeks. STH flipped to loss-taking. Price tests Donchian Support at $74.5K.
Bitcoin Taker Score collapsed 84 to 31 in 24h while price held flat. Buyer demand vanished as futures microstructure tilts risk-off.
Exchange netflow rose +18K BTC while US spot ETFs lost 16K BTC, creating 34K BTC of local selling pressure with no demand to absorb it.
Bitcoin Net Realized P/L turned negative at -$176M as STH cost basis holds at $80.2K above price. Watch $80.2K for regime shift signal.
Coinbase Premium Index hit −0.098 - the lowest in May. BTC futures OI stayed flat at 293–303K BTC. The bounce lacks U.S. demand confirmation.
Bitcoin Slow Impulse turned negative as 30-year UST yield hit 5.20%. Bullish structure broken - watch for Slow Impulse to recross zero as key reversal trigger.
Bitcoin Supply in Profit SMA-7D recovered from 53.6% to 63% since March lows. STH-SOPR remains near 1.0 without confirmation. Key level: $76k–$77k.
Bitcoin Bull–Bear Index dropped to –23.5, Price Structure at –0.56. Bulls failed to hold above zero in early May. Watch ETF inflows and EMA for regime shift.
STH SOPR stalls below 1.0 as Bitcoin fails 200D SMA three times. Short-term holders sell into every rally. Key level to watch: $82.1K.
