Bitcoin treasury companies are showing signs of capitulation, but historically, this has suggested there may be a silver lining.
The Treasury Buy/Sell Ratio has fallen below 90% for the FOURTH time in history.
2019: fell another 46%
2022: fell another 22%
2024: fell another 11%
Based on each pattern, the next decline is roughly half the previous one.
If this continues, Bitcoin may only fall another 5–6% (slightly below $70K) before potentially reaching a local bottom.
And historically, every previous signal was eventually followed by a major BTC rally📈
#Bitcoin #BTC #trader #signal #BuyTheDip
The Treasury Buy/Sell Ratio has fallen below 90% for the FOURTH time in history.
2019: fell another 46%
2022: fell another 22%
2024: fell another 11%
Based on each pattern, the next decline is roughly half the previous one.
If this continues, Bitcoin may only fall another 5–6% (slightly below $70K) before potentially reaching a local bottom.
And historically, every previous signal was eventually followed by a major BTC rally📈
#Bitcoin #BTC #trader #signal #BuyTheDip
