More than half of all Bitcoin in circulation is currently held at a loss. According to K33 Research, that’s historically been a signal that the bottom is close.
K33 looked at past cycles. Each time over 50% of supply went underwater, Bitcoin bottomed within weeks. The one-year returns after those bottoms? Strong. Consistently.
Not financial advice. But the pattern’s there. Bear markets don’t last forever, and this metric has flagged the turn before.
