We are seeing the "strong hands" unloading their Bitcoin luggage as the market enters a phase of technical capitulation that we haven't seen since the darkest days of 2022. 📉 This is not just any correction, family; we are talking about a massive distribution where long-term holders (those who supposedly never sell) have let go of more than 245,000 BTC in a single month. To give you an idea, Bitcoin has already retraced 46% from that historical peak of $126,000 that we hit in October 2025, and the indicators tell us that the bleeding still has a way to go. 🩸
The key here is to understand that we are in the territory of "total pain". The famous MVRV Adaptive Z-Score is at -2.66, a level that historically screams that investors are giving up. When this number looks this ugly, it means we are close to the historical accumulation zone, but the final blow has not landed yet. According to the heaviest analysts in the sector, like Tony Research and Titan of Crypto, the pain cycle usually bottoms out about 12 months after the peak. If we do the math, that puts our focus directly on the last quarter of 2026. 🗓️
How low could the price go? Brace yourself because consensus points to a drop towards the range of $40,000 to $50,000 dollars. 🛑 Seeing this on screen can be frightening, but technically this is where all the weak hands are cleaned out so the market can breathe again. The most shocking data is that realized net losses reached $13.6 billion dollars on February 7; real money that people took out of the market accepting defeat. Historically, after such a level of capitulation, the market takes about five months to find its definitive bottom. So, while many panic, those who know how to read the blockchain are waiting for the dust to settle to detect the right moment to rebuild. 🏗️
If the historical bottom is brewing for the end of this year, are you going to let panic take you out of the game or are you going to use this time to study where the true value lies when everyone else looks the other way? 🧠$BTC
