50% drawdown? That's capitulation territory. Here's what the data says about this new $BTC cycle:

5 charts screaming bottom is in:

1️⃣ Electricity Cost Floor — Miners tapping out = price support
2️⃣ Gold Correlation Spiking — Macro hedge thesis back in play
3️⃣ M2 Divergence — Liquidity disconnecting from price (bullish lag)
4️⃣ On-Chain Accumulation — Smart money loading bags
5️⃣ Historical Bounce Patterns — Most gains happen in <10 days

The alpha? Stop trying to time every move. The real edge is holding through noise.

Most retail miss the pump chasing tops and selling bottoms. Conviction > Trading.

New cross-cycle bull run loading. Position accordingly.