#بيتكوين records the same signal that preceded every rise.
Finally, short-term investors have started to give up - as the STH-SOPR index slips towards the 0.90 area.
This level only appears for a few moments in each cycle, and each time it appears, two things happen:
📉 Selling weak hands at a loss 📈 The price remains stable anyway
This is exactly what we see now.
The currency #البيتكوين ( #BTC ) has absorbed three weeks of losses without breaking its structure. Historically, this situation has represented key turning points:
📅 2018: The End of Surrender 📅 2020: The beginning of the breakthrough 📅 2022-2023: Multiple local bottoms before the rise
Now we are back to this level again.
When the price of #Bitcoin (BTC) drops due to panic, it usually means that the market is exhausting weak supply and building the foundation for the next rise. #BTC86kJPShock $LTC $BTC $ETH
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BasheerAlgundubi
· 8h ago
Bitcoin is showing the same signal that preceded every major rise.
#بيتكوين records the same signal that preceded every rise.
Finally, short-term investors have started to give up - as the STH-SOPR index slips towards the 0.90 area.
This level only appears for a few moments in each cycle, and each time it appears, two things happen:
📉 Selling weak hands at a loss
📈 The price remains stable anyway
This is exactly what we see now.
The currency #البيتكوين ( #BTC ) has absorbed three weeks of losses without breaking its structure. Historically, this situation has represented key turning points:
📅 2018: The End of Surrender
📅 2020: The beginning of the breakthrough
📅 2022-2023: Multiple local bottoms before the rise
Now we are back to this level again.
When the price of #Bitcoin (BTC) drops due to panic, it usually means that the market is exhausting weak supply and building the foundation for the next rise.
#BTC86kJPShock
$LTC
$BTC
$ETH