$BTC On-chain Cycle Analysis (2026-08-02) MVRV near cost | NUPL expectation | LTH-MVRV reasonable profit for long-term holders | STH cost base | STH flat | Crypto Fear and Greed Index Fear | Heat Index Neutral | Reserve Risk Extremely Low Risk | Days to ATH Accumulation Window Overall Score: 78/100 | Stage: 🔵 Accumulation Area Trend: Bullish | Confidence: Medium View: Multiple on-chain indicators for the current Bitcoin market suggest it is in an undervalued range (accumulation area). On-chain data overall shows positive signals, with most indicators pointing to the accumulation phase. Historically, similar indicator combinations often appear in the early stages of a bull market or near the end of a bear market.
If you lost money on $BTC , maybe take a look at Trump:
Wang currently has lost as much as $555 million on $BTC :
1️⃣ Trump Media raised funds last year in July-August by selling company stock and convertible bonds, then bought 11,542 BTC ($1.368 billion) at an average price of $118,529. 2️⃣ So far this year, they have steadily cut their losses by selling a total of 7,281 BTC ($545 million) at an average price of about $74,860. This has resulted in a realized loss of $318 million. 3️⃣ They still hold 4,261 BTC ($268 million) right now, with an unrealized loss of $237 million.
Anyone, in an area they’re not familiar with, can be easily preyed upon.
$BTC Today there wasn't a big drop because of the hardware wallet being stolen. Retail investors either can't afford it or don't know how to use it, the big players don't sell, and institutions don't really care—so nobody sells, and the price didn't fall.