BlackRock is selling.
Fidelity is selling.
Saylor’s Strategy has sold.
Miners are selling.
Bitcoin treasury companies are feeling the pressure.
Yet $BTC is still fighting to stay above $62,000.
That’s the part I’m watching.
When so much potential supply hits the market and Bitcoin refuses to break down, it tells you there are still buyers absorbing the sell pressure. Strategy alone sold thousands of BTC in recent months, while miners have also been adding to market pressure.
If the sellers finally run out of coins, even a small return of demand could move Bitcoin fast.
I’m not saying the exact bottom is confirmed.
But when everyone is trying to sell and price still holds the line, you have to ask:
What happens when the selling stops?
That’s when things could get very interesting for $BTC
Fidelity is selling.
Saylor’s Strategy has sold.
Miners are selling.
Bitcoin treasury companies are feeling the pressure.
Yet $BTC is still fighting to stay above $62,000.
That’s the part I’m watching.
When so much potential supply hits the market and Bitcoin refuses to break down, it tells you there are still buyers absorbing the sell pressure. Strategy alone sold thousands of BTC in recent months, while miners have also been adding to market pressure.
If the sellers finally run out of coins, even a small return of demand could move Bitcoin fast.
I’m not saying the exact bottom is confirmed.
But when everyone is trying to sell and price still holds the line, you have to ask:
What happens when the selling stops?
That’s when things could get very interesting for $BTC