"over half of all Bitcoin in circulation is being held at an unrealized loss. What that means is if you have a hundred people in a room and all 100 hold Bitcoin, over 50% of you, if you were to sell, would lose money. You'd be in a loss."

… The Bitcoin bottom is in. This signal, this signal has coincided with every single Bitcoin bear market bottom in history. And we can see at this current moment, over half of all Bitcoin in circulation is being held at an unrealized loss. What that means is if you have a hundred people in a room and all 100 hold Bitcoin, over 50% of you, if you were to sell, would lose money. You'd be in a loss. Why this matters and why this tends to mark Bitcoin bottoms is because if you have held Bitcoin this long and you're still holding Bitcoin and you're currently at a loss, if you haven't sold by now, you're probably just going to wait till the next rally or a long-term investor. So, this metric tends to mark the bottom. So, what a many, it's not th …