The Distribution Trap: Why Bitcoin’s Reserve Growth Proves Sellers Still Hold The Tape
Bitcoin has reclaimed the $66,000 level and is now attempting to consolidate above it in order to extend its recovery. The move has improved short-term momentum, but structural signals suggest that upside conviction remains fragile. Holding above $66K is technically important, yet the broader supply backdrop may limit the sustainability of further gains. According to…
Bitcoin Decline Continues: Is $86,800 The Level To Watch?
On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new Market Value to Realized Value (MVRV) Ratio,” which keeps track of the ratio between BTC’s Market Cap and…