Stormrake - Insights #Bitcoin TrumpStormrake - Insights #Bitcoin Trumphttps://www.stormrake.com/blogs/tag/bitcoin-trumpSat, 16 May 2026 09:18:33 +1000http://zoho.com/sites/<![CDATA[Bitcoin, BOJ Yields, and the Yen: The Next Financial Tug-of-War]]>https://www.stormrake.com/blogs/post/bitcoin-boj-yields-and-the-yen-the-next-financial-tug-of-warWith Japanese bond market turmoil, yields hitting highs not seen since 2008, a possible new Fed chair, and the end of the longest US government shutdown in history, we’re at a key turning point that could set the stage for a massive 2026 and beyond.]]>
Between the deluge of Japanese Bond Market volatility, yields spiking to highs not seen since the 2008 Global Financial Crisis, a potential new Fed chairman and the re-opening of the US Government after the longest shutdown in history; we’re at a pivotal crossroad that’ll set us up for a monstrous 2026 and beyond. Bitcoin has seen significant volatility recently, both to the downside and upside in a very short period of time. While the uninformed and over-leverged investors have mostly been chopped up with recent price-action, we’re exceedingly pleased with how our clients at Stormrake have ridden out the waves of volatility with certainty and confidence knowing where all these short-term macro-headwinds take Bitcoin’s price in the long-run. Our long-term thesis for Bitcoin’s future hasn’t changed despite all the recent headlines and Crypto twitter doom-posting narratives that’re to be expected when people get flushed out at bottoms; not knowing the true value of what they’re holding. We’ve seen it during the 2017 bear market after the altcoin ICO bubble popped, also during the Terra Luna and FTX collapse of 2022. Once again, we’re cutting the wheat from the chaff while the market takes some time here to test the resolve of all its participants, both big and small bag holders alike. Those that remain steadfast with their pre-defined strategies and hold resolute to their future goals have always been greatly rewarded in time. Bear markets are where the future bitcoin millionaires are made, but as is the case with everything in life - nothing good comes easy. Patience and consistently by adding to position sizing has and always will be key to take full advantage of the opportunities that present themselves during this volatile time period. Understanding the macro-economic conditions, especially the Japanese Bond market and the potential strengthening of the US Dollar will play an important role in determining the direction and trend of risk-on assets such as Crypto in the short to medium term. Let’s take a look at how the Bond market is fairing across the pond in the land of the rising sun.
As Japanese yields are starting to teeter into all-time high territory, the market is reacting with bearish sentiment until this starts to un-wind. The yield spiking is a direct result of the direct selling pressure to offload treasuries given the somewhat hawkish pivot for Japan to unwind its Yield Curve control in the last few years and catch up with the rest of the developed world by having relatively higher rates to combat inflation.

Source:https://www.tradingview.com/x/igmFGsxv/

This is particularly significant for global markets because Japan has long been a source of cheap credit. As the Bank of Japan moves toward unwinding its Yield Curve Control (YCC) and allowing yields to rise, it creates a ripple effect in global liquidity. The unwind of these policies reduces the availability of inexpensive capital for carry trades, where investors borrow in yen to buy higher-yielding assets in other countries. With rising yields in Japan, borrowing costs for these trades increase, forcing investors to deleverage and sell off risk assets, including equities and cryptocurrencies. This tightening of liquidity puts downward pressure on risk-on assets, leading to heightened volatility and bearish sentiment across global markets.

Now apply that same principle directly to the strengthening US dollar versus a weakening Japanese yen. This is a systemic tightening of global financial conditions that directly impacts the appetite and capacity for risk, as opposed to a simple currency move.

A strengthening USD relative to the yen represents a deepening imbalance in the global funding system. For decades the yen has been the base currency for cheap leverage. Investors borrow in JPY at near-zero rates, convert to USD, and deploy the capital into higher-return assets: US equities, Emerging-Market assets, credit products, and increasingly Bitcoin.

When the USD strengthens significantly against the yen, the first-order of effect is straightforward: yen-denominated liabilities grow more expensive in USD terms, while USD-denominated assets must work harder to cover the same debt. This pushes leveraged players, especially carry traders, into a corner. They can no longer rely on exchange-rate stability to keep profits intact.

As the USD/JPY pair rises, anyone who borrowed yen to buy risk assets suddenly finds that the funding currency is weakening, and the asset currency is strengthening. In theory this sounds favourable, but only when the move is slow and orderly. A sharp or persistent USD surge tells the market something different: that liquidity conditions globally are tightening, that the Bank of Japan is losing control of yield compression, and that the probability of policy intervention or higher funding costs is rising. This is where the structural stress begins.

Another way we’re able to observe the structural decline of the Japanese Yen relative to the USD is simply by looking at the USD/JPY chart. This FX pair is one we’ve been eyeing for a number of years now and has proven to be highly effective as a barometer for broader market volatility, given its correlation to large macro-economic market swings for traditional markets.

Source:https://www.tradingview.com/x/ava8fiXi/

The amount of confluence on this chart is quite staggering; not only have you got a breakout of a 25-year long accumulation breakout to the upside, an Inverse head and shoulders bullish pattern that successfully completed, along with another breakout that’s now launched straight into price resistance with ease, you’re also currently looking at price-action coil upwards - appearing to get ready for another significant push higher, of which there’s very little headwind resistance above. A third swing-higher here will be a large move and will likely maintain the Yen carry trade for a while longer as the USD appreciates in value compared to the JPY, which could potentially signal a green light for risk-on markets to keep printing higher, despite the rising BOJ interest rates. Naturally, at some point the BOJ will need to back-stop a depreciating Yen if it keeps losing value rapidly, however they’ll need to tread lightly as domestic Japanese wages are still very low compared to other developed Asian countries, and a rapid increase in interest rates like what we saw here in Australia over the last few years would likely ravage an already tepid Japanese economy. This is good for Bitcoin in the long term and plays neatly into our BTC strategy for 2026 and onwards. 

Bitcoin has taken the opportunity to correct and retrace to some excellent short-term buying opportunities over the past few months since the October 6th all-time-high, coming in at a whopping $126,000 USD per Bitcoin. Whilst this price push was short-lived, we stayed vigilant in not buying into the emotional euphoria and remained level-headed in our risk approach towards the market. Only four days later after printing the all-time-high we saw the largest liquidation in Crypto history ever on October 10th; where over $19 Billion USD worth of forced liquidations occurred from over-leveraged buyers that were far too exposed to downside risk, likely chasing the wave and coming in too late to the party. This is why Bitcoin blew out over the two weeks prior to the liquidation, as BTC held our aforementioned $108K support in late September and then launched into a massive +16% in the following two weeks. Conservative investors were taking profits during this time as we correctly identified the potential risk of a Wyckoff distribution pattern forming - of which, has since come to fruition. This is how the pattern forms from a textbook example. 
Now let’s see how Bitcoin’s Price-action compares…

Source:https://www.tradingview.com/x/STNqKz28/

This was a bearish setup and conservative positions have since been rewarded with lower prices to add to position sizing with steep discounts. We can see it mirrored the setup near perfectly, although it was missed by many external retail participants due to the late-stage bullrun mania. This is exactly why remaining cool, calm and collected when adding to position sizing remains one of the most underrated skills in investing - as opposed to getting caught up in the “one more pump” mentality which saw bandwagoners take unnecessary hits to their PnL. The two solutions to this problem that plagues 95% of investors is simple; don’t use leverage, and always dollar-cost-average down, rather than up. While Bitcoin is holding in a price channel currently, let’s strategise an optimal path and determine how price-action might progress from here over the coming months based on BTC’s historical performance from previous bear market cycles. 

After the selling cascade which lasted throughout the month of November, we eventually saw BTC find its temporary bottom at $80,537 on November 21st. Since then, we’ve been range bound and in an upwards channel trying to break the mid-$90K zone without any success.

Source:https://www.tradingview.com/x/cJHnjHpG/

Whilst the bottom came in and has since held our weekly support zone between $88K to $86K, of where we anticipated a potential higher low - ultimately our predicted bounce from here was to be expected sooner rather than later due to seller exhaustion. This doesn’t mean we’re out of the woods quite yet. Headwind price resistance still plays a major factor as on higher time frames we still remain in a downtrend despite the current short-term grinding higher. This channel BTC is stuck in is known as a “Bear Flag” pattern; quite the opposite of the “Bull Flag” structures we saw Bitcoin doing consistently throughout 2024, which saw it continually breakout to the upside getting us to  six-figure Bitcoin prices in USD terms for the first time in history. These Bear Flags as you might surmise tend to break to the downside given they’re a bearish structure. If we see another selling cascade over the coming months which validates the pattern, investors can expect to see Bitcoin running the low $70K price range where more significant liquidity resides before another bounce may come into effect. This scenario would be highly correlated with the previous bear market if it plays out. 

Source:https://www.tradingview.com/x/MtAeTLWC/

During that time, BTC initially sold off, commencing its bear-market at the end of 2021, with a Q1 rally slowly grinding higher within a bear flag-like channel over the course of 91 days, before eventually completing the bearish pattern by spilling to the downside. This coincided with the Terra Luna collapse of May 2025, sending BTC plunging hard and fast from $48K down to $17K, in the red over -63% over just a few short months until June 13th where it found more liquidity at the 2017 highs. Once here, it formed another temporary bottom providing relief to HOLD’ers, until FTX collapsed five long months later; widely considered a result of the brutality that occurred earlier in the year which started the dominos falling. 

In saying that, not every current cycle is designed to perfectly mirror the last - whilst the market does rhyme, it’s not always a 1:1 recreation, meaning in this instance a more substantial short to mid-term pump very well could be on the cards if buying momentum maintains strong here, before we then potentially go lower, so long as the market does eventually give us some very juicy prices at generational lows at $70K or below. This intermittent rally can be common in the earlier stages of bear markets, and is known as a “Failure-to-gain” rally. This is because whilst we get a strong move up, it doesn't take out the previous highs - essentially meaning the market prints a lower high before continuing the downward trend into lower lows.

Source:https://www.tradingview.com/x/IMCQXsZl/

Whilst at first glance this might seem like bad news, it absolutely isn’t. This type of market price-action gives both bulls and bears an excellent opportunity to capitalise off volatility, before getting even better long-term entries to add to their bag sizes before the next generational Bitcoin bull market begins. Volatility = opportunity, and seasoned traders/investors can make the most out of this brief window of time to ensure they’re on the right side of the trade at all times. When generation lows do come, if you’ve made the right decisions along the way, you’ll hopefully have the most amount of capital available to you at the bottom - then loading up the truck becomes much more viable as you can scoop up what little BTC supply is available then, given the asset will get even more scarce, whilst other retail investors likely wait until it’s too late to pile in again at astronomical prices. Getting ahead of the curve in a bear market is arguably even more important than during a bull market cycle. Consistency and patience is rewarded usually in spades for those that execute and keep increasing their position sizes, this will be paramount over the next 9 - 12 months. Don’t get caught out again, just like those that waited for sub $10K BTC in 2022, just to end up buying back in at all time high prices yet again…sometimes a price too low really is too good to be true. 


In the coming months we’ll be looking at what viable generational low targets might look like, and depending on how price action behaves over the next few months, we will outline a number of likely scenarios using historical price performance to get a head start on strategizing what the next most optimal moves are for this market moving forward into the years ahead. One thing will remain unchanged; Bitcoin is extremely well positioned to take advantage of the aggressive repricing of global asset valuations currently taking place. Gold and Silver bulls waited nearly two decades for the current skyrocketing prices where long-term participants that remained steadfast in their positions for as many years are now quite easily doubling their position valuations every couple of months - and consecutively too, all in just a short span of time. Time in the market will always remain the single most important aspect to long-term investing, and that’s been proven true for Bitcoin from cycle to cycle over its 17 year long existence. The only tangible edge available to investors is execution: staying liquid, staying disciplined, and being able to act decisively when the market offers sublime windows of opportunity that close as soon as the market regains stability. That is exactly where Stormrake fits. When price is moving fast in either direction, we make it simple to accumulate, rebalance, or scale out with intent through a private, professional desk built for high-conviction decision-making. Direction is noise - but access, timing, and consistency are the best advantages for long-term success in this industry.

Written by James Ryan

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No Advice Warning 

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.
Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.
 

Disclaimer 

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.

Copyright © 2024 Stormrake Pty Ltd, All rights reserved
]]>Mon, 19 Jan 2026 16:49:57 +1100<![CDATA[The Rake Review: December 2025]]>https://www.stormrake.com/blogs/post/the-rake-review-december-20252025 was not the year many hoped for, but it was far from a waste. Bitcoin made structural progress, hit key adoption milestones, and may now be undervalued both relative to its own history and within the broader macro environment. The groundwork is set.]]>

2025: A Year in Review

As people unwrap their gifts this holiday season, it's time to reflect on a year that didn’t go as many had hoped. While Bitcoin is likely to close 2025 in the red, it has been far from a wasted year. Quiet wins, foundational progress, macro shifts have quietly taken shape and may set the stage for what comes next. Compared to many other assets, Bitcoin may now be undervalued, not just relative to its own history, but within the broader macro environment.

Rather than the usual monthly Rake Review, we’re taking a deeper dive into the year that was.

January: Trump Returns

One of the biggest stories from 2024 became reality in January as Donald Trump was officially inaugurated and returned to the White House. The bullish sentiment surrounding his return saw risk on assets push higher, with Bitcoin setting its first all time high of the year just shy of $110K.

Optimism spread quickly. Trump introduced the Crypto Task Force within the SEC and Gary Gensler stepped down as chair. He was replaced by Paul Atkins, a long-time critic of Gensler's anti-crypto stance and far more favourable towards the space.

February: The Month of Rumours

The bullish tone continued, but headlines shifted. February was dominated by speculation and two major narratives emerged. First, rumours surrounding sweeping new tariffs from Trump's economic agenda began to circulate and started to weigh on risk markets. Second, the idea of a Strategic Bitcoin Reserve began to build. It was still unconfirmed, but momentum was growing.

March: Strategic Bitcoin Reserve Confirmed

March may go down as one of the most important months in Bitcoin’s history. The US Government officially announced the creation of a Strategic Bitcoin Reserve. While Bitcoin had previously been adopted by countries like El Salvador and Argentina, the involvement of the US brought a level of legitimacy the space had never seen.


This move did not just validate Bitcoin to institutions and retail investors. It integrated Bitcoin into global government strategy.

April: Markets Liberated

Tariff speculation finally turned into reality. April 3 became known as Liberation Day. Trump announced tariffs on 185 countries, with a base 10 % applied to most and higher rates for others. The result was a broad selloff across markets. Bitcoin fell to $75K and the S&P 500 also posted its yearly low.

The fear was short lived. Markets rebounded and Bitcoin kicked off a seven week bullish streak.

May: Sell in May and Go Away?

That phrase has been passed around for years, but it did not apply in 2025. Bitcoin extended its rally and set a new all time high at $112K. This came as US debt surged past $37 trillion and confidence in the traditional system continued to erode. Investors rotated out of the dollar and into hard assets, with Bitcoin one of the biggest beneficiaries.

June: Middle East Conflict

Just as momentum was building, geopolitical tensions flared. Conflict between Iran and Israel rattled risk markets. A brief pullback followed, but it did not last long.


By the end of H1, Bitcoin was up over 15 % for the year, the S&P 500 had gained 5.5 %, gold was up 26 % and silver had climbed 25 %.

July: Regulatory Wins and Momentum

With conflicts easing and tariffs temporarily paused, July saw another push higher. Bitcoin hit a new all time high at $123K.

The month was also defined by major wins on the regulation front. The first Crypto Week was held in Washington and three key bills passed through Congress — the GENIUS Act, CLARITY Act and Anti-CBDC Act. The GENIUS Act was signed into law, providing stablecoin regulation and clearer crypto guidelines. While not directly tied to Bitcoin, it gave broader confidence to the entire crypto space.

The first whispers of altseason began to surface.

August: Ethereum Runs and Executive Order Signed

Momentum carried through into August. Bitcoin pushed just above July’s high at $124K, but this time it was Ethereum that took centre stage.

Institutional accumulation was the dominant narrative. Spot ETF flows into ETH were at their highest since launch. Ethereum reached a new all time high just shy of $5,000, its first in nearly four years.

Another big win for Bitcoin came with an executive order that allowed digital assets to be included in 401K retirement accounts. A major step forward for adoption in the US.

September: Rate Cuts and Decentralised Momentum

September has historically been Bitcoin’s worst month. In 2025, price held steady, setting up a potential fourth quarter rally.

DeFi took the spotlight. Decentralised exchanges hit record volume. Hyperliquid continued to dominate until Aster arrived and quickly became a serious competitor.

Macro-wise, the US saw its first rate cut of the year. Signs that quantitative tightening was coming to an end, and liquidity was starting to return. A key turning point for risk markets.

October: New High and the 10/10 Crash

The month began with strength. Bitcoin hit a new all time high at $126K in the first week.

Then came October 10.

Trump issued a surprise tariff threat on China, this time at 100%. Markets sold off sharply. A stablecoin depegged on Binance, market makers were caught offside and Bitcoin crashed from $117K to $102K. Some altcoins dropped more than 80 % in less than 30 minutes.

Close to $20 billion was wiped in liquidations. Since then, Bitcoin has fallen over 30 % and is now red on the year. Meanwhile, the S&P 500 has recovered and gone on to set new highs.

November: Yen Pressure Returns

The main story in November was once again Japan. Last year, it was a surprise rate hike. This year, it was surging bond yields that triggered another potential unwind of the yen carry trade, with both the 10-year and 30-year yields hitting their highest levels since the turn of the century.

Rising borrowing costs forced institutions to exit risk on positions, including crypto. Bitcoin came under pressure as a result.

Still, there was a silver lining. The US Federal Reserve officially announced the end of quantitative tightening. It did not spark a rally, but it laid the groundwork for future expansion.

December: Metals Take the Lead

Bitcoin was flat in December, with little interest in risk. The Fed cut rates, the BOJ raised them, and the effects cancelled each other out.

Instead, all eyes were on commodities. The Fed announced it would begin buying $40 billion in Treasuries. The first taste of quantitative easing. Gold continued to climb to new highs on daily closes, and silver surged 45 % for the month.

Bitcoin sat idle. But historically, metals lead the way and risk follows. That rotation may arrive early in 2026.

What Does This Mean for 2026?

There is no hiding from the fact that Bitcoin has underperformed in 2025. But it was a year of progress, development and structural change.


We saw:

  • Multiple all time highs

  • The creation of the Strategic Bitcoin Reserve

  • Pro crypto legislation signed into law

  • A crypto friendly SEC and White House

  • Expanded access to Bitcoin through retirement plans

  • The end of tightening and early stages of monetary easing


All of this came alongside a red year for Bitcoin and currently 30% down from its all time high. Expectations are more grounded going into 2026. No calls for blow off tops or vertical rallies. But given the policy backdrop and recent correction, Bitcoin looks far closer to a bottom than a top. The groundwork has been laid throughout the year, and whilst not reflected in the price performance of Bitcoin, it has been invaluable for the long term health and performance for Bitcoin…


At current levels, it is fair to say Bitcoin is undervalued.

Stormrake 2026 Bitcoin Thesis:

Stormrake expects Bitcoin to trade materially higher in 2026, with a base case range of $180,000 to $250,000. The drivers are not speculative narratives, but balance sheet stress, sovereign refinancing pressure, and structurally limited supply.

Roughly $7 trillion in US debt matures in Q1 (and over a third of all US debt to mature in 2026). It must be refinanced at meaningfully higher yields, pushing interest expense near defence-level spending. Policy is no longer about inflation or employment. It is about fiscal survival. Bitcoin benefits not from collapse, but from visible refinancing stress and the constraints it places on monetary tools.

Liquidity is returning, not through headline QE, but quietly via repo facilities, yield curve interventions, and regulatory nudges. The Fed is already injecting billions through overnight repo. That liquidity is flowing into scarce assets. Bitcoin absorbs it faster each cycle.


Post-halving supply is negligible. ETF flows are steady. Institutions are allocating gradually. 
Corporate treasuries and long-term holders are reducing float. 2026 is not about euphoria. It is about absorption.

Risks remain. A failed Treasury auction, prolonged high rates, or renewed regulation can delay upside. But in every stress case, the long-term thesis holds. Bitcoin is not pricing perfection. It is pricing policy distortion and fiscal constraint.

Bitcoin in 2026 is not competing with tech stocks or altcoins. It is competing with sovereign credibility. Volatility is the cost. Scarcity is the payoff.

Video of the month:

Michael Saylor Keynote | Bitcoin MENA 2025

Education: Beyond Price: On-Chain Metrics That Matter

Most Bitcoin investors only look at price as a way to measure value and decide whether to enter or exit a position. But there is much more to Bitcoin than just price, especially when it comes to evaluating where we are in the cycle. This is where on-chain data comes in, helping to assess Bitcoin’s true value based on investor behaviour, holding patterns and capital flow.

Here are three of the key on-chain metrics we use to better understand Bitcoin's value. Each provides a different lens on sentiment, valuation, and cycle timing.

MVRV Z-Score: Market Value to Realized Value

MVRV Z-Score is a chart that uses blockchain data to highlight when Bitcoin is significantly over or undervalued compared to its historical fair value.

It’s based on three components:

  1. Market Cap (black line)
  2. Realised Value (blue line),  not the current Bitcoin price. This is calculated by taking the price at which each Bitcoin last moved (wallet to wallet), then averaging those prices and multiplying by the total circulating supply
  3. Z-Score (orange line),  a standard deviation measure that identifies extreme differences between Market Cap and Realised Value

On the chart, the green band near ~0.10 represents undervaluation and typically aligns with cycle bottoms. The red band around ~7 indicates overvaluation and has historically marked cycle tops. When Bitcoin enters either band, a top or bottom has usually followed within two weeks.

Right now, the Z-Score sits below 1, signalling that Bitcoin is undervalued and still trending lower. If the price continues to drop, the Z-Score will likely follow. Should it enter the green band, this would suggest a bottom is near and historically has offered generational accumulation opportunities.

Short Term Holder Realised Price:

Understanding Sentiment Through Recent Buyers

This metric reflects the average price that Bitcoin has been moved on-chain within the past 155 days. Anyone holding Bitcoin for less than 155 days is considered a short term holder.

Short term holders are more reactive to market volatility. They are more likely to sell during corrections and are typically driven by short term sentiment. This metric gives us a clear picture of whether recent buyers are in profit or in drawdown.

The chart shows Bitcoin price (yellow line) against the short term holder realised price (green line). When price is above the STH realised price, it indicates a bullish market as these holders are in profit. When price is below, it signals bearish sentiment as they are in loss.

Currently, the STH realised price sits around $99.7K, while Bitcoin is trading at $87K. That gap highlights a clear sentiment shift. Short term holders are under pressure, which explains the weak price action and overall bearish tone.

This metric is not only useful for sentiment. It also often acts as a dynamic support or resistance level during different phases of the cycle.

Long Term Holder Supply:

Tracking Smart Money Accumulation and Distribution

Long term holder supply refers to the total Bitcoin supply held by wallets that have not moved their coins for at least 155 days.

In the chart, Bitcoin price is shown by the orange line, and long term holder supply is represented by the green area. This metric helps us see when long term holders are accumulating or distributing their coins, and it usually leads price action.

Long term holder supply tends to peak just before Bitcoin price tops. This is when early investors begin distributing. It also tends to bottom around Bitcoin’s price peak, as new long term holders accumulate during bear markets. An increase in long term holder supply after a correction typically signals the early stages of a new cycle.

Currently, LTH supply sits around 14.1 million,  the lowest since 2021, after peaking in June. That peak occurred just months before Bitcoin’s current all time high at $126K. If this supply begins to increase again, it would confirm that the cycle top is in, and accumulation is once again underway.

These are just three of many useful metrics that go beyond simple price analysis. Together, they help identify whether Bitcoin is undervalued, measure market sentiment, and give clues as to where we are in the cycle.

As it stands:

  • MVRV Z-Score suggests Bitcoin is undervalued
  • STH Realised Price shows short term sentiment is bearish
  • LTH Supply points to a potential cycle top already in

All three tell a story that Bitcoin may be in a bottoming phase. These metrics should be tracked regularly as they are often early signals of where Bitcoin could go next.

Written by Alexandar Artis

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No Advice Warning 

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.
Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.
 

Disclaimer 

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.

Copyright © 2022 Stormrake Pty Ltd, All rights reserved
]]>Wed, 31 Dec 2025 09:26:00 +1100