I just came across an interesting thing: There is an on-chain metric that supposedly hits the bottom quite accurately in every Bitcoin cycle. Sounds like one of those things traders like to track when they try not to buy exactly at the worst time.

The source is CoinDesk, an established crypto media outlet with editorial standards. Behind CoinDesk is Bullish, an institutional platform for digital assets. That’s useful to know when reading such analyses – they have the relevant resources and expertise.

Anyway, I find it interesting that there are such metrics that have worked consistently over time. Whether it will continue to do so in the future is, of course, another question. But definitely worth a look if you’re interested in cycles and entry points.