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Bitcoin just set a new record... for time spent above its current price
Across its entire history, BTC has now spent 850 days trading above today's price—the longest such period ever recorded.
Does this guarantee a market bottom? Not at all. Statistics alone aren't a reason to open high-leverage longs, and the market can always stay irrational longer than expected.
However, for long-term spot investors, extended periods like this have historically offered attractive accumulation opportunities. If you're investing with patience rather than leverage, the current discount may be worth paying attention to.
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Crypto_whales