Post #3096

There is one on chain signal that has nailed every major Bitcoin bottom of the past decade. Supply in Profit vs Loss Convergence. Even CoinDesk pointed out last month that this metric has identified the bottom in every cycle. Here is what is happening right now. Around 11.1 million BTC are sitting in profit, while 8.9 million BTC are in loss. The real opportunity shows up when these two numbers start moving toward each other. When profit and loss supply converge, it means pain is widespread, weak hands are exhausted, and the market is near maximum pessimism. That exact convergence has marked the ultimate bottom in previous cycles. It caught November 2022 around 15,000 dollars. It caught March 2020 near 3,000 dollars. It caught January 2019 around 3,000 dollars. It even caught the 2015 bottom near 200 dollars. Right now the gap is shrinking fast. We are very close. historically align with a major cycle bottom. The setup is forming. The data is tightening. Now it is about watching...