The previous large 📉 statement was based on a bottom that wasn't 6

So I've been waiting for the final drop
But recently, there's a lot of volatility and a strong movement northward with a potential for a major rally
Some say that time might exchange for space, causing a pullback and raising the bottom
6 is the bottom
Are the major players waiting to pick up cheap chips?

So let me talk about what could happen if 6 is the big bottom
Let's replicate what happened in 2021 🐮 turn 🐻
In 2021, the price went from 6.9 to a crash down to 1.7 in 2022
The median MVRV value of Bitcoin was 1.0
Then it rebounded to 2.5, with a value of 1.26
Then it dropped back to 1.5 to form a bottom
Currently, when Bitcoin hits 6, the value is 1.0
It rebounds near 7.9, with a value of 1.23
And the current median realized price is 6.4
So even if 6 is the bottom, it will at least drop back to 6.4
No need to rush

And Arvin said last time:
Buy on the way up
Sell on the way down
Always keep a core position
Eating a little less is better than starving

Bitcoin median MVRV = Current Bitcoin market price ÷ Bitcoin median realized price

Bitcoin median realized price: the median of the prices at which all tokens last moved on-chain among the Bitcoin supply (half of the Bitcoins moved above this price; half below). Unlike the average, it takes the middle value, which better represents the median cost basis of all investors.
(Current median realized price is #btc #btc #WCTC交易王PK #美国寻求战略比特币储备 )