one of Bitcoin’s most reliable bottom indicators is approaching a level that has marked every major cycle low for the past decade.


Supply in Loss is now at 40.6%, and each cycle has bottomed as this metric reached a declining long-term threshold.
the difference today? Bitcoin no longer needs 60%+ of supply underwater to find a bottom. a more mature market means less pain may be required before $BTC finds its floor.
BTC-5.87%
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