#BitcoinShortTermHoldersReach4.08MBTC
๐จ BULLISH SIGNAL OR SELLING RISK? ๐
๐ BITCOIN ON-CHAIN ALERT โฟ
๐ฅ Short-term holder supply: 4.08M BTC
๐ Reported increase: 422K BTC (+12%) since July 29
๐ฐ Recent buyer zone: $82Kโ$86K
โ ๏ธ Estimated cost basis: $74,900
๐ฏ KEY BTC LEVELS
๐ข Resistance: $85,000
๐ Next target: $87,800
๐ป Support zone: $80,200โ$81,500
THE BIG PICTURE ๐
Rising short-term holder supply can signal fresh market participation, but it doesn't guarantee further upside. If selling pressure increases, recent buyers could add volatility.
๐ Can Bitcoin reclaim $85K and push toward $87.8K, or will sellers take control?
Whatโs your BTC outlook โ BULLISH ๐ or BEARISH ๐ป?
#Bitcoin #BTC #CryptoMarket #MarketAnalysis
$BTC $ETH
๐จ BULLISH SIGNAL OR SELLING RISK? ๐
๐ BITCOIN ON-CHAIN ALERT โฟ
๐ฅ Short-term holder supply: 4.08M BTC
๐ Reported increase: 422K BTC (+12%) since July 29
๐ฐ Recent buyer zone: $82Kโ$86K
โ ๏ธ Estimated cost basis: $74,900
๐ฏ KEY BTC LEVELS
๐ข Resistance: $85,000
๐ Next target: $87,800
๐ป Support zone: $80,200โ$81,500
THE BIG PICTURE ๐
Rising short-term holder supply can signal fresh market participation, but it doesn't guarantee further upside. If selling pressure increases, recent buyers could add volatility.
๐ Can Bitcoin reclaim $85K and push toward $87.8K, or will sellers take control?
Whatโs your BTC outlook โ BULLISH ๐ or BEARISH ๐ป?
#Bitcoin #BTC #CryptoMarket #MarketAnalysis
$BTC $ETH