This chart has called every major Bitcoin bottom since 2012.

The purple line is the 200-week moving average. Every time Bitcoin touches it the cycle resets. Here is what happened in the 12 months that followed each time.
2015: $BTC touched the line near $200. 12 months later it was above $600. A 3x from the exact bottom.
2018: $BTC touched near $3,000 after an 84% drawdown. 12 months later it was back above $10,000. A 3x again.
2022: $BTC broke briefly below the line near $16,000, the only time in history it closed weekly under it. 12 months after reclaiming it, $BTC was pushing $40,000. The eventual resolution from that bottom produced a 6x.
Right now, $BTC is sitting just above that line again near $59,000 to $61,000. The dots on the chart are deep blue, almost purple, meaning the 200WMA is growing at near zero percent per month. That is exactly where it sits at every cycle low, maximum fear, minimum momentum.
Three previous touches. Three recoveries to new ATHs within 24 months every single time.
Either this time is structurally different and Bitcoin breaks the only line that has held every bear market bottom for 14 years.
Or it is not different, and the people buying here quietly become the ones everyone else wishes they were in two years.
The chart does not tell you when. Only where.