🚹 IS $BTC AT THE BOTTOM? ON-CHAIN DATA SAYS NO! 🚹

We are NOT at the true cycle bottom yet. Short-Term Holders are bleeding, but the real signal is missing.

‱ Long-Term Holders MUST start capitulating for the real floor to form.

‱ The cycle pivot happens when STH Realized Price crosses below LTH Realized Price. That has not happened.

‱ Historical models suggest the ultimate low could be in the $65K-$70K range. Prepare for more pain.

The transition from bear to bull market is clearly mapped by these cross points. Do not get REKT by premature celebrations.

#BTC #CryptoAnalysis #CycleBottom #Bitcoin $BTC

BTC
BTCUSDT
65,593.2
-2.85%