Bitcoin Supply Metric Flashes First Buy Signal Since 2022
A key Bitcoin supply indicator just printed its first buy signal since November 2022, hinting the bear market may be nearing its end.
Pay attention — Bitcoin's supply dynamics just did something they haven't done since November 2022. A closely watched supply metric has printed its first buy signal in over two years, and that's the kind of data point you don't ignore if you're a BTC trader watching for a bottom.
The last time this signal fired was late 2022 — right around the depths of the FTX-era collapse. Anyone who acted on it back then and held through the chaos was rewarded with one of the most violent bull runs in crypto history. History doesn't repeat, but it rhymes loudly in Bitcoin markets.
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Here's the catch: analysts are quick to point out this signal doesn't mean the pain is over tomorrow. BTC price could still push lower before any sustained reversal kicks in. Supply signals tell you where the market *is*, not exactly when it turns. Patience is part of the trade.
What this does tell you is that the bear market of 2026 may be entering its final chapter, at least according to on-chain supply behavior. Smart money watches these metrics precisely because retail panic creates the conditions supply signals are designed to detect. When supply tightens in the right way, it often precedes a shift — even if the timing stays messy.
Bottom line: this isn't a green light to go all-in, but it's a serious data point worth having on your radar. Size accordingly, manage your downside, and watch how price responds. Continue reading at Cointelegraph.
