🚨 Bitcoin Drops 4%: Why $74,600 Is the Real Line in the Sand
📊 Alpha Breakdown:
Bitcoin dropped 4% this week after a three-week rally from $75k to $87k. Short-term holders moved 45.6k BTC to exchanges, with 29.1k sold at a loss. U.S. government holdings fell by 17,468 BTC. The $74.6k realized price level is the key support to watch for capitulation signals....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/bitcoin-drops-4-why-74-600-is-the-real-line-in-the-sand
#Bitcoin #On-ChainAnalysis #MarketStructure #BTCSupport
📊 Alpha Breakdown:
Bitcoin dropped 4% this week after a three-week rally from $75k to $87k. Short-term holders moved 45.6k BTC to exchanges, with 29.1k sold at a loss. U.S. government holdings fell by 17,468 BTC. The $74.6k realized price level is the key support to watch for capitulation signals....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/bitcoin-drops-4-why-74-600-is-the-real-line-in-the-sand
#Bitcoin #On-ChainAnalysis #MarketStructure #BTCSupport