Has the Bitcoin Price Bottomed? Yes, According to Multiple Metrics
Is being long Bitcoin now the contrarian trade? ๐ค
Alex Thorn [
@intangiblecoins] says every time the industry wrote off BTC for "blockchain," it was a great time to buy. He walked me through his data and the tripwires that would prove him wrong. ๐
Timestamps:
๐ฌ 00:00 Intro
๐ 00:29 Unchained Survey: complete the listener survey at
๐๏ธ 01:28 Bits + Bips: search Bits + Bips and subscribe at
๐งญ 01:50 Why Alex says retaking the 50-week average means Bitcoin bottomed in June
๐ฆ 06:36 Who sold and who bought: macro funds out, sovereign wealth funds in
๐ณ 12:19 Nexo: Generate daily interest on your crypto or borrow funds against your assets at
๐ 13:09 Why fewer old coins are waking up in 2026, and what that means for supply
๐ต 16:42 Why Alex says the debasement case is stronger than at the October high
๐ต๏ธ 19:56 Why Alex sees Bitcoin as an exit from an AI-powered surveillance state
๐งฑ 23:48 Why Alex sees the tokenization boom as a contrarian signal to buy Bitcoin
โ ๏ธ 29:31 The tripwires that would invalidate Alex's bottom call
๐ฏ 34:09 Alex's $125K target and his $250K call for the end of 2027