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Cryptoquant: The Onchain Line Behind Every Bitcoin Bottom Sits Near 40%, Short of ‘Maximum Opportunity’

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Abstract
A market-stress gauge that has marked every bitcoin bottom for more than a decade is reading near 40%, a level reflecting meaningful pressure but stops short of the historical “maximum opportunity” zone. A Line That Keeps Marking Bottoms MorenoDV pointed to an onchain stress measure that he says has lined up with every major bitcoin […]
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