$BTC HOLDERS ARE SCREAMING — AND HISTORY IS WHISPERING “BOTTOM”
This chart isn’t flashing euphoria. It’s flashing pain.
Short-term holders are deep underwater, long-term holders are sitting on losses, and supply in profit has been completely wiped out — a setup we’ve only seen near major cycle bottoms.
Every green circle marks moments when weak hands were flushed, conviction was tested, and Bitcoin quietly transitioned from distribution to accumulation. No fireworks. No hype. Just maximum disbelief.
Cycle tops look loud, crowded, and euphoric.
This? This is silent capitulation.
When everyone feels late, wrong, or exhausted — that’s usually when the trend resets. Smart money doesn’t chase tops. It positions during boredom, fear, and doubt.
The question isn’t “Is this the bottom?”
It’s “Who has the patience to survive it?”
