Is it a bull market yet?
NO.
We are so not back.
2/14
signals bullishBTC 200-Day TrendBearish
-28.3%
Price change vs 200 days ago
📉 Below 200-day level
200-Day Moving AvgBearish
-15.0%
Price vs 200-day average
Price$62,716
200-day MA$73,746
📉 Below the 200-day line
Sentiment TrendBullish
25
7-day F&G avg · trend: +6 pts
📈 Sentiment improving
Altcoin marketBearish
$986B
-2.07% today
BTC dominance56.0%
Alt seasonBTC dominant
ETF Prior-Weeks FlowBearish
-$2.47B
Net flow, the ~23 days before this week
📉 Sustained outflows
Stablecoin SupplyBearish
-1.4%
30-day supply change
USDT + USDC$257.8B
30d change$3.7B
Funding RateBearish
+6.0%
Annualized · ~7-day avg
Latest period0.0007% / 8h
📉 Below neutral baseline (~+11%)
Google TrendsBearish
37
“Bitcoin” interest · /100
Baseline: 58Decelerating
Miner RevenueBearish
$28.6M
7-day avg daily · prev: $31.5M
📉 Revenue declining
Active AddressesBearish
458K
7-day avg daily · prev: 471K
📉 Activity declining
Additional Context
Halving cycleContext
+819
days since last halving
Block #957,870
Last halving4-year cycleNext
Realized PriceContext
1.19
MVRV · +19% vs realized price
Market price$62,716
Realized price$52,571
Price above network cost basis. A drop below it has marked every cycle bottom.
Not financial advice. This is a vibe check with data. · 2 of 14 signals bullish · majority rules
All signals · Methodology · daveships.com · Built by @davetookthese