Supply in Profit and Loss
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Bitcoin Bear Market Lows (Charts Shown: BTC Realized Price&Balanced Price, Supply in Profit&Loss)
Benjamin Cowen· 2026-02-23 23:12
With it being only February, with it being that we haven't even hit the 200 week, we haven't hit the realized price, we haven't hit the balance price, we haven't seen the supply and profit and loss even cross yet. It just seems likely that hey, yeah, we might have a little bit of a counter trend move into March, but it's probably not representative of the low for the bare market. Now, that'll likely come a little bit later, potentially as early as May.Reasonable expectation could also be October based on th ...