Bitcoin: $5.1B Profits Realized Near 2023 Levels
Bitcoin holders book $5.1B net profits over seven days, matching late 2023 rather than tops, with BTC at $84383.13 on 4h chart.
SourceAnalysis
Bitcoin holders realized $5.1B in net profits over the last seven days, levels that track closer to late 2023 than major tops per Glassnode.
With BTC trading at $84383.13 inside Bollinger Bands, the 4h structure holds a bullish bias above EMA50 support at $82197.89 yet faces MACD death cross pressure at 1105.96, pointing to likely pullback from upper band resistance at $88703.86 toward that EMA before any extension while RSI sits neutral at 53.86; such contained profit taking tempers immediate BTC price prediction risks and reduces odds of sharp crypto market crash scenarios.
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