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Just been diving into some onchain data and there's this metric that keeps popping up - apparently it's been pretty solid at spotting Bitcoin bottoms cycle after cycle. Like, it's not some new thing, but it's wild how consistent it's been when you actually look back at the charts.
The thing is, most people focus on price action and sentiment, but this onchain metric actually tracks what's happening on the blockchain itself. You can see the patterns if you know where to look. Every time Bitcoin's about to bounce from a major bottom, this onchain indicator tends to flash early signals.
I'm not saying it's foolproof - nothing ever is - but for someone trying to time entries, watching this onchain metric alongside other signals seems to give you a decent edge. Especially when the noise gets loud and everyone's panicking. The data doesn't lie, even when the market feels chaotic. Worth keeping on your radar if you're serious about catching these cycles.