THIS IS WHY BITCOIN BOTTOMS NEVER FEEL SAFE
Zoom out. 🔭
This #MVRV Percentile chart #shows where $BTC sits in its cycle. When it drops into the 0-10% zone, that’s full capitulation. Most holders are underwater. Fear is extreme. Narratives turn outright hostile.
And every single time, those #moments look obvious only in hindsight.
2015: $200–$300. “Mt. Gox killed crypto. It’s going to zero.”
2018–2019: $3k–$4k. “ICO bubble popped. Institutions aren’t coming.”
2022–2023: $15k–$20k. “Luna, FTX, Celsius. Crypto is dead.”
Each time, retail panicked. Each time, patience was punished before it was rewarded. And each time, #Bitcoin eventually moved multiples higher.
The only time the market feels uninvestable is when risk is actually being transferred.
0-10% MVRV doesn’t mean go all-in. It means extend your time horizon, mute the noise, and understand what regime you’re in.
That’s why #accumulation zones are obvious later, and terrifying in real time. $BTC
📸 RugaResearch
