BTC is now in a bit of an awkward situation. It has fallen from $126k to where it is now, with two important support levels ($106.4k and $99k) being penetrated. Institutional investors are pulling out aggressively, and the ETF saw a record second-largest net outflow of $1.2B last week.
According to the price channel formed by on-chain activities, the next key positions are: $93k (first line of defense) → $85k (if it continues to fall) → $79k (this one is relatively stable).
The most heartbreaking thing is that in previous years, BTC always peaked around the halving, but this time it broke the
According to the price channel formed by on-chain activities, the next key positions are: $93k (first line of defense) → $85k (if it continues to fall) → $79k (this one is relatively stable).
The most heartbreaking thing is that in previous years, BTC always peaked around the halving, but this time it broke the
BTC0,16%