$BTC REALIZED LOSS HITS HIGHEST SINCE DEC 2022 — BOTTOM IN 🔥
Glassnode data shows long-term holder capitulation selling hit $280M/day — the highest since December 2022. That's a classic late-stage bottoming signal. Bitcoin bounced from $58,300 to $64,400 last week but is now back at $62,700, still well below the short-term holder cost basis of $72,200.
This kind of realized loss compression is what typically precedes a trend shift. The question is whether we get one more sweep lower before the real move up. Are you buying this dip or waiting for a lower low?
Not financial advice. Always manage your risk.
#BTC #Capitulation #BottomFormation #OnChain #Crypto
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Glassnode data shows long-term holder capitulation selling hit $280M/day — the highest since December 2022. That's a classic late-stage bottoming signal. Bitcoin bounced from $58,300 to $64,400 last week but is now back at $62,700, still well below the short-term holder cost basis of $72,200.
This kind of realized loss compression is what typically precedes a trend shift. The question is whether we get one more sweep lower before the real move up. Are you buying this dip or waiting for a lower low?
Not financial advice. Always manage your risk.
#BTC #Capitulation #BottomFormation #OnChain #Crypto
💎