🚨Bitcoin Lows Likely In – Short-Term Metrics Align

On-chain signals point to capitulation exhaustion:

1-hour chart: Supply & profit metrics almost converged

10-minute chart: Metrics fully converged

Glassnode low: $63,000 (Feb 5) — missed final wick to $60,000

~3% of supply now clustered in $60k–$63k zone (last major cost basis absorbed)

This tight convergence on short timeframes + heavy loss creation = classic bottoming structure.

History shows these setups often mark the end of flush phases and precede reversal.

Bottom line: High-probability local low in place. Structure is aligned for upside.