That's why
#المستثمرون never feels safe when the price of
#البيتكوين drops.
Look at the bigger picture. 🔭
This chart of the
#MVRV percentage shows where
#Bitcoin is in its cycle. When it drops to the 0-10% range, it means complete capitulation. Most
#BTC holders are losing. Fear is intense. Sentiments turn overtly hostile.
And every time, those moments only become clear after it's too late.
2015: $200-300. "M, t. G, ox wiped out cryptocurrencies. They will collapse."
2018-2019: $3000-4000. "The crypto IPO bubble exploded. Institutions won't enter."
2022-2023: $15000-20000. "Lu, na, F,T,