đš BITCOIN BEAR MARKET BOTTOM SIGNAL?
On-chain data is flashing something interestingâŠ
Glassnodeâs Total Supply in Profit just saw a sharp drop â meaning a large portion of $BTC holders are now underwater.
Historically, this is what happens near cycle bottoms:
đ Price crashes
đ± Retail panics
𩞠Weak hands capitulate
đł Smart money accumulates
In 2015, 2018, and 2022 â major bottoms formed when supply in profit compressed aggressively.
Weâre seeing similar behavior again.
Is this the final shakeout before the next expansion phase? đ
Remember: The best buying opportunities historically appear when most market participants are in pain.
Fear is high.
Sentiment is weak.
On-chain is resetting.
Are we close to the next macro bottom â or is one more flush coming?
What do you think? đ

