Bitcoin: 52.5% Supply in Unrealized Losses
Bitcoin supply in loss hits 52.5% with 10.5M BTC underwater, matching prior market bottoms as price trades at $61720.63.
SourceAnalysis
Bitcoin supply in loss has reached 52.5%, placing more than 10.5 million BTC in unrealized losses while 47.5% or roughly 9.5 million BTC remains in profit.
This ratio has aligned with every major BTC market bottom over the past cycle according to on-chain records.
Price action on the 4h chart shows Bitcoin at $61720.63 inside the Bollinger Bands with the lower support at $60575.71 and upper resistance at $70855.01; the EMA50 at $69261.12 and EMA200 at $74557.25 continue to act as overhead resistance while RSI at 22.94 signals oversold conditions and MACD at -2391.34 confirms the death cross, pointing to potential exhaustion before any sustained recovery.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.
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