Whenever the $BTC ratio of $BTC Supply (profit/loss) reaches these levels,
It marks a bottom. This happened in 2011. It happened in 2015. It happened in 2018. It occurred during the COVID crash in 2020. It happened after the FTX collapse in 2022. And it happens again here. We are getting closer to the end of the bear market.
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Whenever the $BTC ratio of $BTC Supply (profit/loss) reaches these levels,
It marks a bottom.
This happened in 2011.
It happened in 2015. It happened in 2018. It occurred during the COVID crash in 2020. It happened after the FTX collapse in 2022. And it happens again here.
We are getting closer to the end of the bear market.