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Elsa Queen
BITCOIN MAY BE ENTERING A NEW ERA.
Bitcoin’s cycle bottoms are getting less brutal with every cycle:
📉 2011: -58% below market cost basis
📉 2015: -44%
📉 2018: -31%
📉 2022: -25%
📈 2026: +10%
The trend is hard to ignore.
With each cycle, BTC is falling less below the average investor’s cost basis.
If the 2026 low holds, Bitcoin could make history by reaching a major cycle bottom without ever trading below the market’s cost basis.
#LaborMarketTestsWalsh #BTCGoldCorrelation
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