Four-Year Cycle Series (28)

101 days to the bear market bottom after the orange line crossed below the purple line in 2014 130 days to the bear market bottom after the orange line crossed below the purple line in 2018 183 days to the bear market bottom after the orange line crossed below the purple line in 2022 40 days have passed since the orange line crossed below the purple line in 2026 ┌── | Indicator Details ──┐ The black line in the chart represents BTC price; The orange line represents Bitcoin Balanced Price; The purple line represents the average purchase cost of long-term Bitcoin holders. Note: Balanced Price = Realized Price - Transferred Price In simple terms, this indicator measures "the actual cost paid by the market (Realized) minus the historical value spent/transferred (Transferred)." Essentially, it aims to identify the bottom region of Bitcoin's "fair valuation.