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BITCOIN COULD BE FORMING A BOTTOM — BUT CONFIRMATION IS STILL MISSING. 👀🟠
Something notable is developing beneath the surface.
A historical on-chain signal has appeared again: the cost basis of 3–6 month BTC holders has fallen below that of 1–2 year holders.
Similar patterns have emerged during Bitcoin’s major bottom-building phases around 2015, 2019, and 2022.
Now, with $BTC hovering near $61K, the question is:
Has Bitcoin finally found its bottom?
Not necessarily.
This could instead be the beginning of a longer accumulation and market-reset phase before the next major trend develops.
What stands out right now:
📉 Short-term holders: Showing increasing weakness
💪 Long-term holders: Remaining relatively resilient
⏳ Bottom formation: May require more time
📊 Confirmation: Price action and volume still need to validate the signal
The key point many traders overlook is that a historical bottom signal is not the same as a confirmed bottom. Patience and confirmation still matter.
#CPIToResetFedBets
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Aviso legal: o conteúdo do OKX Orbit é fornecido apenas para fins informativos. Saber mais
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