Bitcoin’s Bottom Case, ETF Outflows & The No-Buyers Problem
About this episode
David and Mike discuss the current state of Bitcoin, including demand signals, ETF outflows, and potential market resets.
Bitcoin may be in the buy zone, but the demand signal still looks weak. David and Mike debate whether the bottom is already in, why ETF outflows and muted buyer interest matter, what realized losses and realized cap are signaling, and whether BTC needs one more painful reset before the next real opportunity. ---- 📣GALAXY | INSTITUTIONAL DIGITAL FINANCE https://bankless.cc/Galaxy ---- 🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE https://thedefireport.cc/tdr-yt https://thedefireport.io/friends https://thedefireport.transistor.fm/ https://x.com/the_defi_report https://x.com/JustDeauIt ---- TIMESTAMPS 0:00 Intro 2:01 Pain, Patience, & Cycles 5:03 Shallower Drawdowns? 7:22 ETF Flows and Demand 9:34 Saylor’s Canary 15:32 Realized Losses Review 23:00 Bitcoin Versus Nasdaq 25:23 AI Bubble Meets Crypto 28:37 Oil, War, & Inflation 33:25 Hyperliquid’s Market Split 38:28 $LIT & $WLD Momentum 40:42 Pro Portfolio Playbook ---- Not financial or tax advice. For educational purposes only.
Topics covered
- Bitcoin market analysis
- ETF outflows
- buyer interest
- realized losses
- market cycles
- investment strategies
Sponsors
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- Why does BTC continue to track the 4-Year Cycle?
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