10.5 million BTC at an unrealized loss, every time this happens, a new cycle begins • ahr999 HODL Index drops to 0.4787, just one step away from the buy zone • Bollinger Bands creator points out that BTC is forming a W-shaped bottom reversal pattern • 10.5 million BTC are at an unrealized loss, with the same holding structure seen in 2015, 2019, and 2022 • Crypto payments in sanctioned countries surge 8x, surpassing $100 billion The market bottoms out in despair, accounts get wiped out in fear