The Rational Root is a Bitcoin on-chain & cycle analyst and in this interview, we discuss developing & using Bitcoin price models. We look in detail specifically at his Bitcoin Spiral Models, Bitcoin hodl price models and Bitcoin halving & cycle charts.

Bitcoin is currently in a bear market that the vast majority failed to predict. In fact, late last year, there was a lot of talk about 200k+ bitcoin that clearly failed to materialise. While bitcoin has experienced drops like this before, this time, the cycles played out differently.

So why are we in a bear market? Alongside the wider macro environment of the fed tightening and raising interest rates, Bitcoin was dragged down by the collapse of Terra/Luna and the subsequent Three Arrows Capital & Celcius meltdown (amongst others), and in June, the price got as low as $17,500.

Since then, bitcoin has been relatively stable, bouncing between 25k. Onchain analysis shows that since the June bottom, bitcoin has been under heavy accumulation. The question now is, where is the bottom and have we already hit it?

TIMESTAMPS:

00:00:00 Introduction 00:07:40 Bitcoin Spiral Models 00:23:08 Hodl Model 00:37:29 Hodl price model 00:49:18 Bitcoin halvings; cycle charts 00:56:53 Other data: short-term holder supply; bottom indicators 01:01:07 Personal usage of models & data

WHERE TO FIND THE SHOW:

→ My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR → YouTube: https://bit.ly/3nyi9Ez → TuneIn: https://bit.ly/2ywystr