Four-Year Cycle Total Engraving Series (29)
CryptoChan|4月 01, 2026 06:39
2014 BTC underwater for a total of 22 days to bear market bottom
2018 BTC underwater for a total of 26 days to bear market bottom
2022 BTC underwater for a total of 26 days to secondary bear market bottom ($17.6k)
This cycle so far BTC underwater for a total of 40 days
┌── | Indicator Details ──┐
The black line in the chart represents Bitcoin market cap;
The blue line represents the market cap of Bitcoin long-term holders' chips (365d-MA).
Defining BTC underwater as when the black line is below the blue line.
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