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📅 12.06.2026 · Bitcoin: Using On-Chain Metrics To Identify Market Cycl... · 👁️ 2

"I think this clearly shows that we are likely in the third and final stage of the bare market and that we should expect Bitcoin probably to bottom out uh this year. Right? I think it'll happen this year. Obviously, I've mentioned October a number of times, and I think that's the most likely month, but of course, it could happen at any moment."

🔮 Pronóstico 💰 Economía Horizonte corto (menos de 1 año) Se resuelve antes de: oct 2026 Firmeza: media 🌍 Global Fuente en YouTube

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u can see it looks like that's what Bitcoin is headed to do. Like it looks like that is what we're kind of in the process of beginning right now. And so in sort of confluence with my other video that I published about a week ago where I said that Bitcoin is now in the third and final stage of the bare market, I think that this chart supports that. I think this clearly shows that we are likely in the third and final stage of the bare market and that we should expect Bitcoin probably to bottom out uh this year. Right? I think it'll happen this year. Obviously, I've mentioned October a number of times, and I think that's the most likely month, but of course, it could happen at any moment. And right now, I'm operating under what I called timebased capitulation, but I would be willing to pivot to price-based capitulation if something like that were to happen. So, I will continue to use the onchain risk metric. We've had this published for several years now and it's done a pretty good job of of identifying the lows and and the highs,

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"If you look at 2018, you can see it started in September. The S&P M2 factor would actually correspond to September. And you know, if that is the case, we know that Bitcoin, well we don't know, but I think Bitcoin might bottom in October. And so if the stock market were to top in September, then maybe Bitcoin would bottom out pretty quickly just because it would react to whatever the stock market's reacting to a lot quicker because it's just further up the risk curve. It would get hit a lot quicker than the stock market and potentially Bitcoin then finds that low sometime in the fourth quarter. Maybe as early as as October. "
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"I have to think right now that the next low likely forms in June. And there probably will be a rally kind of like early Q3, July August which would then set up the final drop into sort of the September, October timeframe. And if that plays out, and we're sitting here in Q4, and Bitcoin is is is trading at a low price, I have a feeling there's going to be a lot of people that are bullish now that are going to be bearish then. But, that'll probably be the time to pivot. "
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