BITCOIN HAS OFFICIALLY ENTERED ITS BOTTOM DICOVERY PHASE!

For the first time this cycle, supply-in-profit is moving into the Bottom Discovery trend line.

At last year’s peak, 19.8M $BTC were in profit.

Today, only 11.1M are, wiping out ~40% of profitable supply.

That means 8.7M $BTC were bought above current prices, leaving millions of holders UNDERWATER.

This is now the SHARPEST profit compression in Bitcoin's history.

This zone has historically marked the shift from “correction” to full cycle reset.

But it’s rarely quick or easy.

In past cycles, Bitcoin capitulated in this area for extended periods.

Longest was in 2018 when we stayed for 8 months.

This is where FEAR peaks, PATIENCE is tested, and narratives DIE.

Yet it’s also where the best RISK/REWARD setups have historically emerged.

NOTHING here is guaranteed.

The only question here is:

Are you willing to take the risk? 🔥