Triple Bottom Formation

Another derivative indicator to capture the last chance to hop on before the right-side breakout in the bear market bottom range ──────────────────────── 【BTC Four-Year Cycle Series (36-3)】 July 2015: Right-side breakout in the bear market bottom range, price broke above the black line April 2019: Right-side breakout in the bear market bottom range, price broke above the black line January 2023: Right-side breakout in the bear market bottom range, price broke above the black line ⏳ Current price has not yet broken above the black line ┌── | Indicator Details ──┐ The orange line represents the average purchase cost of on-chain investors holding for 6-12 months The blue line represents the average purchase cost of on-chain investors holding for 1-2 years ⚫️ The black line represents the average purchase cost of on-chain investors holding for 3-6 months