BIT Research just called it: bear market is officially done.
Their cycle model is pricing $BTC at $215k. Not a meme. Not hopium. A model.
Here's why this matters:
Average holder is back in profit. That means the panic selling is gone. No more underwater wallets dumping into strength.
Key levels reclaimed = supply shock incoming. When holders are green, they hold. When they hold, supply dries up. When supply dries up, price goes parabolic.
This isn't about TA or vibes. It's about on-chain reality. Profitable holders don't sell into rallies. They wait for euphoria.
$215k isn't the ceiling. It's the floor if this cycle follows the last two.
Position accordingly.
Their cycle model is pricing $BTC at $215k. Not a meme. Not hopium. A model.
Here's why this matters:
Average holder is back in profit. That means the panic selling is gone. No more underwater wallets dumping into strength.
Key levels reclaimed = supply shock incoming. When holders are green, they hold. When they hold, supply dries up. When supply dries up, price goes parabolic.
This isn't about TA or vibes. It's about on-chain reality. Profitable holders don't sell into rallies. They wait for euphoria.
$215k isn't the ceiling. It's the floor if this cycle follows the last two.
Position accordingly.