bitcoin $BTC  dropped below 67k and suddenly everyone forgot how cycles work

300m in longs liquidated, etfs bleeding out, treasury yields crushing risk appetite

looks terrible right

except mvrv is deeply negative, long term holders are capitulating, and the rainbow chart is literally saying fire sale

this is what accumulation zones actually feel like, they never feel good

#Bitcoin  #BTC  #Crypto #Bullmarlet  #Accumulation