Every Time This Bitcoin Metric Crossed This Level, The Market Bottomed — It Just Happened Again
On-chain analyst Ali Martinez argues that Bitcoin's 20% weekly decline to $59,000 signals a market bottom rather than deeper selloff, citing historical precedent where supply-in-loss exceeding 10.46 million BTC has consistently marked cycle lows. Martinez identifies accumulation zones between $53,900 and $43,150 based on MVRV band analysis, with fellow analyst Benjamin Cowen suggesting capitulation conditions could extend through Q3.

