Percent of 1W ~ 1M BTC is 3.8%

Percent-of-1W-1M-BTC-is-38

When a bear market starts, most people continue to buy without realizing that it's a bear market. But if the bear market lasts for a long time, most people get tired and stop buying.

This indicator is the ratio of BTC that are 1 week to 1 month old after purchase, and is data that can be viewed as a basis for short-term buying.

When the ratio of this period fell to 4% or below the yellow dotted line, the bottom in the cycle was reached.

2011: 3.2%
2015: 3.2%, 3.4%
2019: 3.7%
2022(Current): 3.8%

Now, this data is down to 3.8% and we still have to be open to the possibility that it will go down little more due to issues like macros, conflicts of countries, etc.

However, from now on, if there is a strong BTC drop rather than just around 4-5% correction, it's time to consider to accumulate BTC from a long-term perspective.