# Cycle Awareness Update: March 2026 

_Now that we've hit "fair value," what are the chances we see "deep value?" _

March 4, 2026 • Michael Nadeau

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# Cycle Awareness Update: March 2026

## Now that we've hit "fair value," what are the chances we see "deep value?"

Michael Nadeau
 March 04, 2026

 Hello readers,

 Many of the key indicators we track for BTC are now in the “buy zone.”

 But how early are we?

 What do the KPIs say, relative to the past two bear markets?

 What might future returns look like at current levels?

 And how might those returns change if we enter “deep value” territory?

 We explore it all in this week’s edition of TDR Pro.

 Topics covered:

- [Long-Term Holder Supply in Profit](#long-term-holder-supply-in-profit)

- [Market Value to Realized Value](#market-value-to-realized-value)

- [200 Week Moving Average](#200-week-moving-average)

- [Additional KPIs](#additional-kp-is)

- [Closing Thoughts & Portfolio Management](#closing-thoughts-portfolio-manageme)

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 Let’s go.

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