BTC Last bull cycle, 80% of peak metrics were never hit. I believe we could see something similar with the bottom metrics aswell. The Long term holder supply sitting in a loss has already surpassed the FTX levels and is close to the 2018 levels. Realized price sits around 50K, we’ve tested the LTH realized price every cycle, so a revisit is in the realm of possibilities. But, I wouldn’t marry that, many top cycle metrics never triggered last cycle, and the same could happen with bottom metrics in the future. Either way, the market is already sitting at loss levels comparable to FTX/2018. That should tell you alot.(Killa)