<p>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.</p><p>----<br>📣GALAXY | INSTITUTIONAL DIGITAL FINANCE</p><p>https://bankless.cc/Galaxy  </p><p><br></p><p>----</p><p>🎯THE DEFI REPORT | FOLLOW &amp; SUBSCRIBE</p><p>https://thedefireport.cc/tdr-rss</p><p>https://thedefireport.transistor.fm/</p><p>https://x.com/the_defi_report</p><p><a href="https://x.com/JustDeauIt">https://x.com/JustDeauIt</a></p><p><br></p><p>The Watch List: Zcash (ZEC)</p><p>https://thedefireport.io/research/the-watch-list-zcash-zec</p><p><br></p><p>----</p><p>TIMESTAMPS</p><p><br></p><p>0:00 Intro</p><p>4:16 Realized Cap Signals</p><p>12:17 Supply Profit Check</p><p>14:11 RSI &amp; Cycle Lows</p><p>18:01 Coins Still Need Rotation</p><p>20:51 Inflation &amp; Yields</p><p>31:00 Key Levels &amp; Scenarios</p><p>34:17 Altcoin Rotation Watch</p><p>36:52 Closing &amp; Disclaimers</p><p><br></p><p>----</p><p>Not financial or tax advice. For educational purposes only.</p>

The DeFi Report

Michael Nadeau

Signs of a Cycle Bottom?

MAY 20, 202637 MIN
The DeFi Report

Signs of a Cycle Bottom?

MAY 20, 202637 MIN

Description

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.----📣GALAXY | INSTITUTIONAL DIGITAL FINANCEhttps://bankless.cc/Galaxy  ----🎯THE DEFI REPORT | FOLLOW & SUBSCRIBEhttps://thedefireport.cc/tdr-rsshttps://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauItThe Watch List: Zcash (ZEC)https://thedefireport.io/research/the-watch-list-zcash-zec----TIMESTAMPS0:00 Intro4:16 Realized Cap Signals12:17 Supply Profit Check14:11 RSI & Cycle Lows18:01 Coins Still Need Rotation20:51 Inflation & Yields31:00 Key Levels & Scenarios34:17 Altcoin Rotation Watch36:52 Closing & Disclaimers----Not financial or tax advice. For educational purposes only.