Good News: You're Still VERY Early to this Cycle 🤝

$BTC is trading below the entire non-bubble range

Fifth visit to that lower band since 2012. 2012, 2015, 2020, 2022, now

Every one of those felt like the worst possible time to buy but we are still a 4.4x to the bottom of bubble territory

$BTC sits at $85K right now. 33% off the October 2025 high of $126K