"The Golden Dip Is Just One Step Away": PSIP Cyclical Bottom Signal Nearing 💡 Back in November last year, I summarized four deep bear market bottom indicators from different dimensions for you guys. Each one has maintained a 100% win rate throughout BTC’s historical cycles. For a detailed intro, check out the link below—no need to repeat myself here. During last week’s dump, one of these bottom-finding tools almost triggered...👇 The chart shows the “PSIP < 50%” bottom signal 📡. If you’re not familiar with PSIP, here’s a quick rundown: ➡️ Full name: Percent Supply in Profit ➡️ Meaning: The percentage of circulating BTC that’s in profit ➡️ If PSIP hits an extremely low level, it means most holders are underwater ➡️ In other words, “massive losses” across the market usually signal a true bottom 📝 For a detailed breakdown of the PSIP indicator: x.com/market_beggar/status/186...… // As shown in the chart: I’ve marked every historical instance where “PSIP < 50%” was hit. You can see that every time PSIP drops below 50%, it basically nails a cyclical bottom 📈. Last time, I only briefly introduced this in the linked post below, but now BTC is at a critical window. So today, I want to dig deeper into this signal with you all. First, let’s look at the lowest PSIP values at major cycle bottoms: ➡️ 2011: PSIP low at ~43.96% ➡️ 2015: PSIP low at ~36.17% ➡️ 2019: PSIP low at ~39.08% ➡️ 2023: PSIP low at ~44.80% ➡️ 2020 (COVID black swan): PSIP low at ~42.72% Last week (2/05 ~ 2/06) during the crash, at daily close: ➡️ BTC Price = $62,840 ➡️ Corresponding PSIP = 50.3% It’s clear—BTC is just one step away from triggering the deep bear PSIP bottom signal... ‼️ // But heads up: ➡️ The first time the signal fires is usually NOT the ultimate bottom ➡️ Because a healthy bottom needs time to chop and shake out weak hands ➡️ Each cycle’s lowest PSIP value is different, but always below 50% So, to emphasize: “PSIP < 50%” is more of a rough but reliable threshold. Its main value is in helping us identify what stage the market’s in. In other words, once PSIP drops below 50%, it doesn’t mean the bottom is in instantly—but it does mean we’ve officially entered the potential bottom zone 🔋. Except for 2015 (which was an outlier in terms of length), in all other cycles, after PSIP first dropped below 50% (signal triggered), the bottom usually showed up within 3 months. That matches what I’ve stressed before about the “healing phase.” // Bonus alpha: Based on the 2/05 close and PSIP reading, we can reasonably infer: “The price that triggers the model signal next will likely be slightly above $62,840❗️” Easy logic: As long as price stays above $62,840, any daily turnover (no matter how much) means more BTC changes hands above that level. Since PSIP measures the share of coins in profit, any BTC sold with a cost basis under $62,840 and re-bought above it will push the PSIP < 50% trigger price higher ✅. But if you don’t wanna overthink it, just remember “63K” for now. Or don’t even bother; just keep an eye on Beggar’s notifications. As soon as the signal triggers, I’ll update you all instantly 🫡. // Finally, scroll up and open the chart attached to this post. Take another look at the “PSIP < 50%” signal’s legendary bottom-calling accuracy. Sure, the very first trigger usually isn’t the absolute bottom for BTC, but if you had a chance to buy at any of those “signal-triggered” moments, hesitating for even a second would be disrespecting BTC itself 🔥. That’s it for today’s share. Wishing everyone a profitable new week! 🍀