$BTC
$TIA
$DUSK
🚨 BITCOIN’S $74.9K RISK ZONE: WILL SHORT-TERM HOLDERS START SELLING?

Bitcoin’s next move may depend on the behavior of recent investors.

📊 Short-Term Holder Data
Short-term holders now control approximately 4.08 million BTC, an increase of around 422,000 BTC since July 29. They accumulated roughly 154,000 BTC in October, with many purchases occurring between $82K and $86K.

With BTC trading near $80.6K, these investors have a narrower profit cushion.

🔍 Two Key Metrics to Monitor

📉 $74,900 Cost Basis: A sustained move below this level could push more short-term holders into losses, potentially increasing selling pressure. However, a breakdown would not automatically signal a market crash.

📊 MVRV at 1.54: According to the cited data, Bitcoin’s market value remains above its realized value, suggesting that the broader market is still profitable rather than necessarily approaching a cycle peak.

⚠️ Key Price Levels
• Above $82K: Could support another recovery attempt.
• Below $74.9K: Could increase downside risk and selling pressure.
• $86K: A potential upside level to watch.

Monitor price action, exchange inflows, and updated on-chain data for confirmation.

👀 The Big Question: Will Bitcoin recover toward $86K, or revisit the $75K level first?

Personal market commentary, not financial advice.

#btc #TİA #dusk