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Analysis: Bitcoin Falls Below 0.75 Supply Cost Basis Quantile, Fails to Recover, Selling Pressure Rising

Summary: According to market reports, Bitcoin has fallen below the 0.75 supply cost basis quantile and has failed to reclaim this level. The current spot price is below the cost basis of 75% of the supply, indicating increasing selling pressure. Risks have significantly increased, and unless the price rises above this level, the downward trend will ...

According to market reports, Bitcoin has fallen below the 0.75 supply cost basis quantile and has failed to reclaim this level. The current spot price is below the cost basis of 75% of the supply, indicating increasing selling pressure. Risks have significantly increased, and unless the price rises above this level, the downward trend will prevail.

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Link: Analysis: Bitcoin Falls Below 0.75 Supply Cost Basis Quantile, Fails to Recover, Selling Pressure Rising   [Copy]
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