Happening three time in history, Bitcoin broke above the long and short term holder cost basis and realized price all at one, signaling a reversal after bottom formation.

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From Glassnode

The break even point for short and long term holders have reached a break-even point! Being one of the most consistent indicators for Bitcoin's history, which act as resistance points during the bear market. From January to March, this bull trap (?) has broken all three resistance points consecutively.

Starting with the short term costs of around 18 k, then the 22.4 k long term cost, with the realized price of BTC of around 19.7 k in the middle.

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Short term, long term, and realized price of BTC from bizcrast

It has happened previously 3 times already, and 2023 might prove to be no different, with marking the reversal of the bear trend. This can possibly be the phase of crabbing with ups and downs all the way leading to the halving cycle, which can be different than the 2020 pandemic drop that happened (Black swan event) that dropped BTC from 10 k to 5 k if everything goes "Smoothly".

This is all TA and history never repeats itself 100% exactly, but can mimic the pattern. What do you think of such indicators and if there are any equally or more important indicators to look at for?