Explore every episode of the podcast The DeFi Report
| Title | Pub. Date | Duration | |
|---|---|---|---|
| What does the new Fed Chair mean for Crypto? | 04 Feb 2026 | 00:44:06 | |
In this episode of The DeFi Report, Mike and Ryan break down what Trump’s pick for Fed Chair, Kevin Warsh, could mean for crypto, and why a real regime shift might be back on the table. They unpack Warsh’s record as a Fed governor, his critique of QE and the swollen balance sheet, and the big question markets are not pricing: is the Fed Put still alive? Mike explains why he still views crypto as in a bear market, the onchain and cycle metrics he needs to see before going risk-on, and how a Nasdaq rollover tied to an AI unwind could drive the next leg lower. They close with fair value targets, downside scenarios, and what would finally flip Mike into buy mode. ---- https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 2:15 The Bloodbath in Crypto Prices 2:52 Analyzing the New Fed Chair 7:21 Warsh's Views on Inflation 10:19 Trump & Warsh's Alignment 12:55 The Fed Put: A New Perspective 18:05 Constraints on Warsh's Policies 20:59 The Uncertainty of the Fed's Influence 21:50 Crypto's Bear Market Outlook 23:32 Metrics for Bitcoin's Recovery 25:27 Long-Term Holders' Market Behavior 27:13 The State of Bitcoin Miners 29:35 NASDAQ & Tech Sector Trends 32:54 The AI Bubble and Its Implications 35:35 The Potential for Market Unwind 39:39 ISM Data and Economic Signals 40:45 Mike's Risk-On Strategy Insights 42:41 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Why is Bitcoin Underperforming Gold? | 28 Jan 2026 | 00:35:32 | |
In this episode of The DeFi Report, Mike and Ryan break down why Bitcoin is underperforming gold, what the BTC/Gold ratio is signaling about the next bottom, and why this setup may be more bullish than it looks. They unpack China’s role in driving the gold trade, why Bitcoin still behaves like a risk-on asset, and how investor “envy” distorts cycle perception. Mike lays out realistic downside scenarios, key support levels to watch, and the onchain signals he needs to see before deploying capital. ---- https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 2:08 Bitcoin vs. Gold Ratio Analysis 8:19 Understanding Gold's Outperformance 13:12 China's Impact on Gold Demand 14:27 Bitcoin's Future as a Reserve Asset 16:27 Potential Bottom for Bitcoin Ratio 20:25 Market Sentiment & Investor Behavior 26:35 Onchain Metrics and Market Conditions 33:41 The Future of Real World Assets in Crypto 34:59 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Constructing a Portfolio | 21 Jan 2026 | 00:41:00 | |
In this episode of The DeFi Report, Mike and Ryan lay out Mike’s full portfolio construction framework for a crypto bear market. We walk through how he sizes Bitcoin as the anchor, how core and high-beta assets fit into the cycle, and why price matters more than narratives right now. Mike also shares fair value targets across nearly 30 assets, explains why most investors rush entries too early, and what signals he’s waiting for before going risk-on again. ---- https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:50 Market Overview & Conditions 4:03 Constructing a Portfolio 7:00 Importance of Bitcoin 10:41 Core Assets Explained 13:26 Long-Term Holds Strategy 14:06 Risk-On Assets Discussion 17:36 Price Targets for Each Sleeve 20:54 Core Asset Candidates 29:13 Long-Term Holds & Watchlist 33:13 Meme Coins and Market Cycles 36:41 Analyzing the Watchlist 40:30 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Next Stop $100k? | 14 Jan 2026 | 00:34:38 | |
Bitcoin is pushing toward $100K, but is the move real or just a positioning unwind? Mike and Ryan break down the CPI surprise, real rates and breakevens, why global liquidity still looks like it’s rolling over, and what the onchain data says about true demand, from ETF flows to long term holder selling, open interest, and funding. Mike explains what would convince him this rally can reclaim $100K as support, and why he’s still staying patient and largely in cash. ---- https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 0:14 Next Stop: $100K Bitcoin? 1:10 Positive Price Action 4:54 Powell's Prosecution & Market Impact 6:08 Bitcoin's Moment? 9:14 Understanding Real Rates & CPI 12:19 Global Liquidity & Bitcoin 17:57 Onchain Data Insights 21:47 Market Demand Signals 26:14 Anticipating Market Reactions 32:15 Upcoming Assets on the Watchlist 35:44 Closing ---- Not financial or tax advice. For educational purposes only. | |||
| Our Outlook for 2026 | 07 Jan 2026 | 00:38:27 | |
📣THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- Today on The DeFi Report, we’re mapping the 2026 setup: shifting fiscal flows, tighter liquidity, and why rate cuts are not automatically bullish for crypto. Mike stays risk off (80 percent cash) while he watches for the signals that would force a pivot, falling real yields, a dovish Fed, and Bitcoin reclaiming key levels. We also break down where we are in the market cycle, why a counter rally could be a trap, and what Mike’s $65K fair value target implies for positioning this year. ---- TIMESTAMPS 0:00 Intro 1:10 Setup for 2026 5:54 Macro & Liquidity Setup 8:46 2022 Comparison 11:40 U.S. Liquidity Cycle Insights 13:20 Bitcoin & Interest Rates 16:34 Labor Market Insights 18:49 Real Estate Trends 21:04 Midterm Year Implications 23:30 Asset Allocation Cycle 26:18 Crypto Cycle Analysis 29:38 Transition Phase in Crypto 34:23 Geopolitical X Factor 37:12 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Was the Fed Rate Cut a False Signal for Crypto? | 17 Dec 2025 | 00:33:33 | |
The Fed cut rates and announced $40B/month in T bill purchases. Is that the signal to buy back into crypto? Mike says no. In this episode, we explain why “QE light” is not real easing, the key indicators Mike needs before flipping risk on, and what Bitcoin’s onchain market structure suggests about where this cycle could go next. ---- 📣THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Introduction to the DeFi Report 2:28 Current Market Positioning 9:25 Federal Reserve's Actions Explained 13:13 Economic Conditions & Predictions 18:35 Big Picture of Economic Strategy 23:17 Analyzing Bitcoin's Market Structure 29:57 Closing & Future Outlook ---- Not financial or tax advice. For educational purposes only. | |||
| Bitcoin Network Health Check: Assessing Thesis & New Risks | 11 Mar 2026 | 00:43:10 | |
Mike and Ryan re-underwrite the Bitcoin thesis with a full network health check: hash rate, miner incentives, active addresses, ETF adoption, treasury firms, and BTC’s performance vs Nasdaq and gold. They also dig into the biggest risks ahead, including security budget pressure, miner concentration, and quantum computing, before explaining why they still view Bitcoin as a core portfolio asset this cycle. ---- https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 2:31 Institutional Insights on Bitcoin 4:24 Mining & Network Security 8:08 Fees & Block Rewards 11:20 Security Budget Risks 14:25 The Future of Mining 15:57 Address Trends & Activity 22:48 Institutional Adoption Surge 25:01 Treasury Firms & Bitcoin 28:03 Bitcoin vs. Other Assets 30:51 Quantum Computing Concerns 33:34 The Future of Bitcoin 36:43 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Deploy now or wait for Deep Value? (March 2026 Cycle Update) | 04 Mar 2026 | 00:35:07 | |
Mike and Ryan break down Bitcoin’s cycle awareness signals now that BTC has hit “fair value.” Using long-term holder supply in profit, MVRV, and the 200-week moving average, they compare today’s setup to the 2018 and 2022 bear markets and show how much returns changed when investors waited for “deep value.” Then they get practical on portfolio management: deploy now vs wait, how much cash to keep, and why Mike just made a second BTC buy while staying ready for a potential $50K to $55K scare. ---- ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 2:24 The Tension of Deployment 3:46 Market Positioning Updates 4:24 Cycle Awareness Indicators 7:17 The Impact of Fair vs. Deep Value 11:44 Market Value to Realized Value 15:49 Understanding the 200-Week Moving Average 18:48 Fair Value vs. Deep Value 20:21 Strategy for Navigating Uncertainty 24:26 Timing & Expectations for Deep Value 28:35 Managing Deployment Tensions 33:17 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Uncertainty Bubble? Tariffs, AI Tail Risks, & a BTC Market Structure Update | 25 Feb 2026 | 00:35:54 | |
Mike and Ryan unpack why “uncertainty” is starting to feel structural across markets: the Supreme Court tariff ruling, Trump’s workaround playbook, and what it all means for capital flows and bonds. Then they dig into the viral Citrini AI scenario and why the real signal is not the report itself, but Wall Street’s reaction and the widening range of outcomes. Finally, they run a Bitcoin market structure check, from long term holder behavior and ETF flows to miner stress, and explain why they’re still heavy cash and what would need to happen to trigger the next fat pitch. ---- https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:49 Bitcoin Market Structure Insights 8:26 Supreme Court Tariff Decisions 12:20 Impact on the Bond Market 12:31 AI & Investor Psychology 20:30 Structural Uncertainty in the Market 26:14 Bitcoin Market Structure Update 35:44 Closing Thoughts & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| What is the bond market telling us? | 18 Feb 2026 | 00:37:23 | |
Mike and Ryan break down the bond market signals that are starting to flash risk off: a standout 30 year Treasury auction, falling real yields, and a 2 year yield below the Fed funds rate. They map today’s narrowing stock market breadth and Mag7 dispersion to the early stages of the dot com setup, then steel man the bull case with AI capex, bigger tax refunds, and potential tariff stimulus. Finally, they explain why Bitcoin may be a leading liquidity indicator for TradFi and walk through the portfolio positioning, including the heavy cash stance and what would trigger the next fat pitch. ---- ---- ---- 0:00 Intro ---- | |||
| Where do we go from here? | 11 Feb 2026 | 00:34:27 | |
In this episode of The DeFi Report, Mike and Ryan break down Bitcoin’s sharp drop below $65K fair value and whether last week’s capitulation was the long-awaited fat pitch. They compare this cycle to 2018 and 2022, explain why the selloff has accelerated faster than past bears, and unpack what Mike means when he says spot markets are “tangled.” With 40% of supply held above $78K and heavy dip buying at $84K, they explore the risk of a relief rally into resistance and the potential for one more leg down toward the 200-week moving average. They close with details on TDR’s first deployment of the bear market, deep value targets, and how they’re scaling into positions while keeping dry powder ready. ---- 📣THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:09 Market Sentiment Shifts 3:28 Comparing Past Cycles 6:13 First Purchase of the Bear Market 7:49 Forced Selling & Market Reactions 12:50 Analyzing Market Structure 17:29 Understanding New Market Psychology 21:52 TDR's Strategic Allocation 27:47 Updates on the Watch List 31:28 Triggers for Altcoin Deployments 32:49 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Saylor is Back: How does this impact market structure? | 18 Mar 2026 | 00:36:48 | |
Bitcoin is ripping while stocks and gold stall, and Michael Saylor just dropped billions into BTC. So… is this a real regime shift or just another 2022-style fake rally? Ryan and Mike break down the macro, why liquidity is quietly tightening, how Saylor’s new capital machine is changing market structure, and why this rally may not be as bullish as it looks. ---- https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:36 Bitcoin's Performance Amid Geopolitical Conflict 4:24 Global Liquidity and Its Implications 8:40 Inflation and Federal Reserve Challenges 12:38 Bitcoin Market Structure Analysis 19:23 Michael Saylor's Strategic Purchases 27:57 Exploring Hype and Market Trends 35:33 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| BTC Cycle Low? & Views on macro, altcoins, & crypto equities | 01 Apr 2026 | 00:35:59 | |
Bitcoin is down 47% from the highs, but Mike says the real “fat pitch” still hasn’t arrived. Mike and Ryan break down where BTC could actually bottom using realized price, the 200-week moving average, and deep value onchain signals, plus why oil, Iran, rates, and recession risk still matter more than most crypto investors think. ---- ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 2:16 Buffett's Market Perspective 4:45 Galaxy One Staking Launch 6:31 War's Impact on Markets 11:07 Energy Crisis Analysis 14:03 Fed Rate Predictions 18:11 Speculating on Trump's Announcement 24:50 Bitcoin Price Analysis 28:14 Deep Value & Market Strategy 32:53 Altcoins & Crypto Equities 35:04 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Nasdaq vs. Bitcoin: Surviving the 200-Day Breakdown | 25 Mar 2026 | 00:37:05 | |
The Nasdaq just broke its 200-day moving average. In 2022, that was the signal for a 35% collapse. Is history repeating? Mike and Ryan dive into the "Complacency Trap," why the war in Iran is actually a strategic play for China’s oil, and the onchain data suggesting Bitcoin hasn't hit "Deep Value" yet. They also break down the 2022 analog, the 6.4% mortgage rate reality, and why the "Trump Prize" won't save the markets this time. ---- https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:43 Market Complacency & The War in Iran 7:45 Geopolitical Implications of Oil 10:04 The US-China Connection 13:26 Lessons from 2022 16:44 On-Chain Bitcoin Insights 22:14 Risk Asset Market Psychology 26:33 ETF Inflows and Market Health 28:54 Bitcoin Price Targets 32:44 TDR Portfolio Update 33:56 Patience in Bear Markets 36:28 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| The Bottom Is Not In! Why We Get 4-Year Cycles | 15 Apr 2026 | 00:46:16 | |
Bitcoin is up 19% from the February lows, but Mike argues this still looks more like a bear market bounce than a true bottom. He and Ryan break down why weak ETF flows, soft onchain activity, fading risk appetite, and rolling liquidity still do not look like the kind of setup that usually marks a durable low. They also map out the key BTC levels that would force a change in view, and what real capitulation tends to look like when the cycle finally turns. ---- https://bankless.cc/GalaxyOne ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:50 Polling Investor Sentiment 4:22 The Four-Year Cycle Explained 13:02 Market Dynamics and Investor Psychology 17:17 Examining Current Liquidity Conditions 27:31 Fiscal Policy and Its Impact 29:07 On-Chain Analysis of Bitcoin 39:10 Understanding Market Trends and Patterns 44:04 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Ceasefire Trap? Bulls vs. Bears—Who Wins? | 08 Apr 2026 | 00:36:34 | |
Markets ripped on the Iran ceasefire headlines, but Mike says the bigger bearish process may still be unfolding. Mike and David break down why Bitcoin, oil, global liquidity, and the S&P’s 200-day moving average are all flashing mixed signals, and why the real bottom may still require more pain, patience, and weak-hand capitulation. ---- ---- ---- 0:00 Intro ---- | |||
| Bitcoin’s $60K Test Just Got More Serious | 03 Jun 2026 | 00:36:56 | |
Bitcoin is testing a critical zone, but this bear market is starting to look different. Mike and David break down why $60K may be the next major level, how Strategy’s first BTC sale and STRC stress could shake market confidence, why ETF outflows are piling up, and why assets like Zcash, HYPE, Lighter, and NEAR are breaking out while Bitcoin weakens. ---- ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.cc/tdr-rss https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:22 Crypto Cycle Turning 4:42 Bitcoin Near Key Support 9:16 STRC Signals Stress 20:42 ETF Outflows Mount 23:58 Robinhood & Portfolio Bets 28:49 DeFi Builders Gain Ground 31:54 Bullish on Crypto Alpha 35:24 Meme Coins Still Stick 35:46 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Bitcoin’s Unfinished Pain & Altcoin Hype or Head Fake? | 27 May 2026 | 00:43:29 | |
Bitcoin is stuck in a quiet range, but the signals are getting louder. Mike and Ryan break down why the mini altcoin rally may be a head fake, what realized losses suggest about Bitcoin’s unfinished pain, why ETF outflows and Saylor’s bond move matter, and the macro risks that could force another leg lower. ---- ---- ---- 0:00 Intro ---- | |||
| Signs of a Cycle Bottom? | 20 May 2026 | 00:37:49 | |
Bitcoin may have already hit its cycle low, but the confirmation signal still hasn’t fired. Mike and Ryan break down the bull case for a $60K bottom, why realized cap and supply in profit matter, what top-buyer cohorts are still signaling, and how inflation, rising yields, and a potential Fed hike could force one more drop. ---- https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.cc/tdr-rss https://thedefireport.transistor.fm/ https://x.com/the_defi_report The Watch List: Zcash (ZEC) https://thedefireport.io/research/the-watch-list-zcash-zec ---- TIMESTAMPS 0:00 Intro 4:16 Realized Cap Signals 12:17 Supply Profit Check 14:11 RSI & Cycle Lows 18:01 Coins Still Need Rotation 20:51 Inflation & Yields 31:00 Key Levels & Scenarios 34:17 Altcoin Rotation Watch 36:52 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Momentum is slowing as macro risks are rising | 13 May 2026 | 00:33:51 | |
Bitcoin just closed above a key bear market resistance level, but Mike still isn’t ready to call a regime shift. Ryan and Mike break down why this rally looks stretched, what $79K, $82.7K, and $85K are signaling, how weak spot volume and rising macro risk could slow momentum, and why June may be the real test for bulls. ---- https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.cc/tdr-rss https://thedefireport.transistor.fm/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 1:45 Bear Market Symmetry 6:00 Comparing Past Cycles 14:05 Who’s Selling at 80K? 19:23 Weak Market Conditions 23:10 Momentum Starts Fading 27:37 June’s Historical Weakness 29:12 Key Bitcoin Price Levels 32:40 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Are we still in a bear market rally? | 06 May 2026 | 00:35:12 | |
Bitcoin just completed the longest bear market rally of the last two cycles, but under the hood, the data still looks eerily similar to 2022. Mike and Ryan break down the battle between shorts and spot buyers, why $85K may decide the market, what ETF flows and Saylor’s bid are really signaling, and the setup that could trap both bulls and bears. ---- ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 3:03 Market Dynamics and Institutional Influence 5:53 Trader Sentiment & Market Positioning 10:04 Spot Market Analysis 15:10 ETF Flows & Institutional Demand 19:06 Market Structure & Cycle Analysis 21:09 Bitcoin's Correlation & NASDAQ 26:05 Critical Price Zones for Bitcoin 30:12 Mike's Investment Strategy & Market Outlook 33:17 The Marshmallow Test 34:17 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Still Patient? Why This Bitcoin Rally May Be on Borrowed Time | 29 Apr 2026 | 00:40:44 | |
Bitcoin has the “perfect” bull setup, record shorts, aggressive squeezes, and billions in buying, yet it still can’t break $80K. Ryan and Mike unpack why that disconnect matters, from weak spot demand and short-term holder behavior to fading liquidity tailwinds, and what past cycles suggest comes next. They also break down the key level that decides the market, and how to position if this rally is on borrowed time. ---- https://bankless.cc/GalaxyOne ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://thedefireport.io/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 3:57 Bitcoin Market Dynamics 6:51 Short-Term Holder Insights 15:22 Fed Policy Implications 19:31 Liquidity and Economic Outlook 27:44 Crypto Portfolio Strategy 30:09 Navigating Altcoin Markets 38:47 Closing & Disclaimers ---- Not financial or tax advice. For educational purposes only. | |||
| Why This Rally May Be Too Early | 22 Apr 2026 | 00:32:33 | |
Bitcoin is pushing back toward $80K, but the underlying data still looks like a classic bear market setup. Mike and Ryan break down why “hot money” from the 2025 top hasn’t fully rotated yet, how past cycles suggest more downside or time is needed, and why dip buyers may be stepping in too early. They also explain what real bottom formation looks like onchain and why this rally could be more about positioning than a true shift in trend. ---- ---- ---- 0:00 Intro ---- | |||
| Has BTC Entered the "Buy Zone?" | 10 Jun 2026 | 00:52:42 | |
Has Bitcoin entered the buy zone, or is one final flush still ahead? Mike and Ryan break down why BTC under $67K looks attractive for long-term buyers, what realized losses and top-buyer cohorts reveal about seller exhaustion, and how AI weakness, inflation, and rising odds of Fed hikes could shape the next major move. ---- ---- ---- 0:00 Intro ---- | |||