I see a lot of people on Twitter are extremely bearish because they think, “A lot of early whales have super low entry prices, and unless they sell, BTC won’t pump.” So here’s another metric to consider: the number of BTC in profit, meaning how many BTC are currently in profit. This can help us judge which stage of the cycle we’re in. Here’s the data from the past 15 years👇 2011 bear market bottom: 3.5M BTC in profit, BTC price $2.5. 2015 bear market bottom: 5M BTC in profit, BTC price $250. 2019 bear market bottom: 7.5M BTC in profit, BTC price $3,500. 2022 bear market bottom: 9M BTC in profit, BTC price $16,000. Now in 2026, 10M BTC in profit, BTC price $66,000. So, do you see it? Even at the absolute bottom of each cycle, the number of profitable BTC keeps increasing. In the 2022 bear market, almost half of all BTC was still in profit! So just because a lot of people are still in profit doesn’t mean we haven’t hit the bottom yet. Right now, with 10M BTC in profit, we’re almost equal to the previous cycle’s 9M. Nobody can predict the exact bottom, but at this level, I’m choosing to DCA $1,000 every day.