The myth of the Bitcoin supercycle may soon be shattered.
Why? 👇
Bitcoin is slowly approaching the average entry price of ETFs.
This forms the cost basis for a large portion of new entrants.
$79,000 must hold.
Once it falls below this level, the supercycle myth will crumble.
I've been saying this for weeks, and the data has been confirming it:
We are in a bear market.
Preserve your capital first, then consider holding onto hope.
How you proceed is up to you.