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$BTC DEEP DIVE: 2022 VS NOW - WHY THE BOTTOM ISN'T 47K 🚨
The ahr999 metric is flashing extreme fear near 0.4, mirroring June 2022 lows. But don't panic sell yet. This cycle lacks the deep bear structure of the last one.
• The bull run never overheated past the 1.0 line, indicating measured growth.
• ETFs are a massive variable, holding significant capital near 8.4-8.6万, even with current paper losses.
• We lack a "credit explosion" event like FTX to justify a massive crash.
• Altcoin drawdowns ($ADA, $DOGE) are not deep enough for true capitulation.
Strategy remains clear: Save ammo for true deep bear conditions. Accumulate
$BTC heavily when it hits the miner shutdown zone (6-6.5万). A drop below 5万 is highly unlikely without a major systemic failure. The long-term
$BTC .D trend suggests future capital will favor
$BTC over air projects. The super-cycle might be closer than you think.
#BTC #CryptoAnalysis #DeepValue #Ahr999 #LongTerm 🧐