TODAY BITCOIN NEWS
Bitcoin is consolidating around $64,000 after pulling back from its October 2025 all-time high near $126,000, and two on-chain indicators are giving conflicting answers to the market's most important question: is a bottom forming? Long-term holder realized supply is maturing in the right direction — moving toward levels historically associated with cycle bottoms. But the sales pressure indicator, which captures the final capitulation event that confirmed every prior bottom, has not produced a single signal in 1,256 days. That silence is the longest in Bitcoin's entire history.