#bitcoin is approaching the PowerLaw support band🔥
Historically, these movements are rare and have occurred only 4x in the history of #BTC — in 2015, 2022, 2020 (covid crash) and now in 2026.
During the 2018 bear market, it came very close to support level, but the price reversed before reaching it.
PowerLaw fair value is around $172k, which is approximately +160% above the current price, indicating an extreme discount based on this model’s historical comparison.
Strategy has not sold #bitcoin this week, still holding 840,447 #BTC at a cost basis🟡 of $76k
The company sold 3,458,866 shares of MSTR for a total net proceeds of $333.7 million, allocating a portion of that amount to increase its USD Reserve🔵 by +$150 million — it now holds $4.8 billion, covering approximately 2.8 years of preferred dividends (up +41 days).
The remaining proceeds from this sale were used to repurchase STRC shares and pay dividends.
UTXO Age Rotation Z #bitcoin indicates long-term holders are accelerating the spending old coins relative to new supply.
This indicator applies a 365-day Z-score to 30-day ROC of ratio between the percentage LTH and STH supply to detect an acceleration in the spending of old coins relative to flow of new UTXOs.
Exchange CDD Pressure Index #bitcoin rises again, indicating an increase in supply from potential sellers.
The expectation for a possible reversal is pause in LTH's inflows coins to exchanges — if this indicator continues to test the Neutral Zone (0.00) as resistance, which did not occur during the latest #BTC relief rally.
The positive divergence in potential selling volume is still in play — the indicator reached lower peaks during most recent price lows suggesting less interest from sellers in that price range.