Bitcoin: 6m-2y Cohort Hits 53% Realized Cap

Bitcoin trades at the same price as two years ago while the 6m-2y cohort now commands 53% of realized cap, up sharply from 15%, closing in on the 68% threshold that marked the prior cycle low as short-term holders evolve into long-term positions.

Price at $63876.02 sits in a bearish trend below the EMA50 at $70953.29 and EMA200 at $75209.72, with RSI(14) oversold at 18.78 and MACD death cross at -2325.15 keeping downside pressure intact inside Bollinger bands from $62212.18 support to $74707.7 resistance, pointing to limited upside before any deeper move lower in BTC price prediction models.