Bitcoin reaches the market cycle bottom zone 🧐

Bitcoin reaches the market cycle bottom zone 🧐

Background
About 10,500,000 Bitcoin are currently being held or traded at a loss
In past cycles, this condition has been observed at the same time as market bottom zones
An increase in supply in loss usually indicates high psychological pressure on investors

Focus
💡 Data show that the number of Bitcoin in loss has reached a range that in the past coincided with the end of the bearish phase
💡 Market history indicates that after these conditions, significant growth began in some cycles
💡 However, no single metric on its own guarantees the formation of a price bottom

Implications
🔥 Long-term investors usually watch these zones more closely
🔥 Confirming a trend reversal requires convergence of on-chain data and price behavior
🔥 Risk management remains the most important principle for decision-making

Conclusion
The increase in Bitcoin held at a loss may be a sign of approaching the cycle bottom, but final confirmation is only possible through price behavior and supplementary data 🧐

#Bitcoin #onchain_analysis #cryptocurrency_market #market_cycle