#Bitcoin ROI from Bottoms 📊 📝 Cycle 4 has now reached Day 1449 from the macro bottom. The red trajectory clearly illustrates textbook diminishing returns relative to all historical cycles. 📍 While Cycle 2 and 3 generated massive multiples past Day 900, the current expansion is stalling near 5x ROI, showing compressed structural upside. 💡 As the curve flattens deep into the cycle timeline, historical analogs indicate distribution risks heavily outweigh aggressive expansion.