Bitcoin's Cycle Bottom Meets an Energy Shock and Rate Hikes

Signs of a Bitcoin cycle bottom are building as the four-year cycle turns and the MVRV valuation score moves higher after the crypto winter. Matthew Weller, StoneX Media, Head of Market Commentary, explains the Bitcoin four-year cycle, on-chain valuation and the macro forces in play. The MVRV score has historically marked Bitcoin tops and bottoms, though its swings are narrowing as Bitcoin matures. Long-term holder supply and Bitcoin ETF purchases are rising, while slowing money supply growth and central bank rate hikes raise the opportunity cost of holding Bitcoin. An ongoing energy shock also brings the inflation hedge case back into focus. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_matthew_weller&utm_content=share 00:00 - Bitcoin Four-Year Cycle Turns 00:38 - Bitcoin MVRV Score Picks Up 01:13 - Shrinking Peaks, Softer Lows 01:36 - Diamond Hands Meet ETF Demand 02:04 - Rate Hikes Weigh on Bitcoin 02:35 - Bitcoin as Energy Shock Hedge Like and subscribe for more financial market insights. #Bitcoin #StoneX #MatthewWeller --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@StoneX_Official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social