Picture of the author

Bitsky000

06/17 17:36

Bitcoin selling pressure fades – But BTC recovery

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTX Creation Challenge — Post and Win 1,500U 💥
Bitcoin selling pressure fades – But BTC recovery still needs THIS Bitcoin’s correction from nearly $126,000 to around $60,000 triggered heavy realization activity across the network. However, the Sell-side Risk Ratio has since retreated toward the lower realization band near 0.1%, revealing a different market environment. Historically, spikes above 1% accompanied major cycle tops and periods of intense profit-taking, as seen in 2017 and 2021. Since then, the metric has steadily compressed, while Bitcoin continues trading far above previous bear market lows.
1Compartir

Todos los comentarios0Lo más recientePopular

avatar
Lo más recientePopular