day 235 since the btc ath. previous cycles bottomed around day 364-376. are we closer to the bottom than it feels?
btc under 70k. rsi at 30. fear & greed at 29.
$545M in liquidations today alone.
i've been tracking this sell-off for weeks.
for me, today feels different, not because i think the bottom is in, but because the data is showing classic capitulation signals.
rsi at 30.8 - technically oversold.
fear & greed at 29 - extreme fear territory.
liquidations cascading for days.
btc dominance falling - even btc holders selling.
historically these combinations have marked local bottoms. not always. but often.
what make me think about timing:
btc ath was october 10, 2025.
today is day 235 since that peak.
previous cycles:
2021 ath → 2022 bottom: \~376 days
2017 ath → 2018 bottom: \~364 days
we're not there yet historically.
but we're getting closer.
but: do the classic bottom signals matter when etf outflows and macro headwinds are this persistent?
and: where do you think the bottom is 63k cycle low, 60k, or something lower?