Bitcoin just gave us THE signal we all waited for...

Long-term holder losses: past bottoms and the current signal

Speaker 1: 00:00 The signal that marked Bitcoin's last two bottoms just flashed again. This orange line is long-term holders selling Bitcoin at a loss. These are the most patient people in crypto, and so when they give up, it's usually the end.

December 2018, their losses peaked. That was the bottom at $3,200. Late 2022, post-FTX, their losses peaked again, and within weeks, Bitcoin bottomed at $15,500.

This cycle, their losses peaked on August 12th at nearly $300 million a day. Since then, they've dropped about 85%. Bitcoin went from $63,000 that day to $81,000 now.

In other words, the people that were going to panic sell already did. Coins are now mostly changing hands at a profit, and that's how the early stage of a bull run typically looks.

Is it guaranteed? No. If we lose the July low near $58,000, then perhaps this was all a fake-out. But the last two times this signal flashed, buying here aged extremely well. Follow me and I'll tell you exactly when the next one flashes.