Bitcoin Blow-Off Top? What the P/S Ratio Is Telling Us

Show Notes

Using historical data, Matthew shows how the P/S ratio signaled the double top in 2013 and the 2015 bottom, making it a valuable tool for spotting trend reversals. At past peaks, Bitcoin’s market cap has surged to more than 70 times miner revenue, and while the current levels aren’t quite there yet, the trend is rising. A Clip From Porkopolis Economics Episode 278 Chapters: 00:00:00 - Price to Sales Ratio Explained 00:01:06 - Bitcoin Price Analysis and Market Indicators Show Sponsor: Debifi - https://debifi.com/ Donations to Porkopolis Economics via BTCPay are appreciated: https://donate.basemoney.world/i/9Y1RzT4cp3y8VEYhjEKkwi Host: Matthew Mezinskis https://porkopolis.io Twitter: https://x.com/porkopolis_econ Show content is not investment or financial advice in any way. #economics #tradfi #bitcoin