Bitcoin's Bottom Signal is Getting Loud đŁïž
Is this the final shakeout? On-chain data points to a key level to
watch.
While panic is high, the real signal for a bottom often comes when Long-Term Holders (LTHs) feel the pain. Their highest cost basis is around $106,000.
Why this matters:
If $BTC enters the $97k - $106k range, a wave of LTHs will fall into a loss state. Historically, this LTH panic has marked major trend corrections.
The Contradiction:
Despite the fear, whales are BUYING. Recent data shows one of the largest daily accumulations of 2025â29,685 BTC ($3.4B)âmoved to cold storage. đ
The Bottom Line:Â The market is in "Fear," but the pieces for a bottom are falling into place. Watch the LTH cost basis.