Look at where the lines meet.
2015: the crossing zone lasted months.
2019: weeks.
2022: days.
2026: a single monthly print at 50.85% / 49.15%.
Each cycle, the inversion has been shorter than the last. The current touch could be the briefest in Bitcoin's history.
If the pattern holds, the deep reset everyone is waiting for may not come.
The market may already have printed the low.
Even @grok agrees with me 😁
“Overall, I like this take a lot—it’s evidence-based, avoids the usual “to the moon” noise, and correctly highlights how Bitcoin’s market structure has evolved. The monthly view is indeed more insightful than the noisy daily/weekly P/L charts everyone stares at. If you’re positioned accordingly, this assumption is a solid framework for staying patient rather than assuming we must see another brutal bear market reset.“
Everyone is watching the same profit/loss chart right now.
But the monthly view is more interesting.
Each #Bitcoin cycle, the profit/loss touch has become smaller and shorter.
If that pattern holds, this cycle may not need the same deep reset.
The market may be closer to a bottom than most expect.
$BTC daily chart is showing what looks to me like a possible 5-wave impulse...
If this is really a 5-wave impulse, then we’re probably looking at a local correction inside the larger uptrend.
Also worth remembering: Sunday night into Monday is usually a high-volatility window for #Bitcoin
So yeah, eyes on it.
$BTC update.
The $76.5K-$76.2K support zone did its job for now.
But this still doesn’t look safe. Bears taking that level remains very possible.
If they do, $75K becomes the last real line before BTC risks giving back the entire move from early April.
#Bitcoin
$BTC on-chain update.
STH MVRV: 0.976
STH SOPR: 0.992
Not great..
BTC is back below the short-term holder cost basis, and STH coins are being spent at a loss.
For now, this is pressure, not capitulation.
But staying below the STH cost basis can make it worse fast.
As long as both stay below 1.00, bounces are suspicious.
Bulls need to reclaim the STH cost basis and get SOPR back above 1.00.
#Bitcoin #OnChain
$BTC update.
This is starting to look ugly.
Bearish pressure is heavy, and Sunday night into Monday is exactly the window where things can get messy fast.
Key level: $77.9K-$77.8K.
Bulls need to hold it.
#Bitcoin
$BTC update.
This is starting to look ugly.
Bearish pressure is heavy, and Sunday night into Monday is exactly the window where things can get messy fast.
Key level: $77.9K-$77.8K.
Bulls need to hold it.
#Bitcoin