Bitcoin May Be Near Cycle Bottom, K33 Research Warns
Over half of Bitcoin's supply is underwater. Historically, that's been a buy signal — and fast.
If you've been waiting for a sign that Bitcoin is near a bottom, K33 Research just handed you one. The firm says more than half of Bitcoin's circulating supply is currently held at a loss — a threshold that has historically coincided with cycle lows. This isn't noise. It's a repeating pattern.
K33's data shows that in previous cycles, whenever this loss threshold was crossed, Bitcoin tended to bottom out within weeks — not months. That's a tight window. And if history rhymes, the pain phase could be closer to ending than most bears want to admit.
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What makes this signal sharper is what comes after. K33 points out that one-year returns following these loss-heavy moments have been strong in most prior cycles. Translation: the investors who held through the worst drawdowns were historically the ones who captured the biggest rebounds.
This doesn't mean you buy blindly. Markets can always break precedent, and crypto is notoriously volatile. But when a data-driven research firm flags a pattern this consistent across multiple Bitcoin cycles, it deserves a spot on your radar — not your ignore list.
The setup is simple: historically high loss levels, historically short time to bottom, historically strong forward returns. That's the thesis K33 is putting on the table. Continue reading at Cointelegraph.
