Joao Wedson FEB/02/26

#Bear The Bitcoin price bottom only happens when...

✅ Short-Term Holders are in loss (this has already happened)
⏳ Long-Term Holders start carrying losses (this has not happened yet — this is when the real bottom forms))

Additionally:
🔴 The bear market only ends when the STH Realized Price falls below the LTH Realized Price.
🟢 The bull market begins when the STH Realized Price moves back above the LTH Realized Price, after the bear market has fully played out.
We track this with a dedicated chart to alert you when it happens.

Data > Narratives

👇👇👇
>> FOMO/FUD