📊 BTC Faces Selling Pressure!
Bitcoin whales have cashed out $800M in profits, signaling a shift in market activity. BTC is trading at $96,153 (-2.07%), raising questions about a potential pullback or new market phase.
💰 82% of Holders in Profit!
With 82% of BTC addresses profitable at an average buy price of $51,086, investor optimism remains high. However, 7.85% of holders are at a loss, and further declines could trigger more selling.
📈 Exchange Netflows Rise!
BTC netflows increased by +2.31K BTC in 24 hours, and +136.53K BTC in 30 days, suggesting traders are preparing for volatility. Whether this signals profit-taking or a bullish breakout remains uncertain.
🔍 Key Levels to Watch!
BTC is consolidating between $92,450 support and $101,441–$109,260 resistance. A breakout could continue bullish momentum, while failure may lead to further correction.
⚠️ Bearish Indicators Emerging?
Bitcoin’s Stock-to-Flow ratio dropped 20%, reducing scarcity. The NVT Golden Cross fell 29.22%, hinting at a market top or correction. These signals suggest BTC may struggle in the short term.
📉 What’s Next for Bitcoin?
Whale activity, technical indicators, and market sentiment suggest Bitcoin could face a pullback soon. If resistance holds, BTC might consolidate or correct further.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)