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↗️ Bitcoin Network Cools Down as Confirmation of the Current Moment
Historically, when highly active addresses shrink, it signals retreat by traders and institutions, reinforcing the transition into quiet accumulation phases that precede future volatility.
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Bitcoin's cost-basis heatmap highlights the importance of $85K support.
976,000 BTC worth $83 BILLION were bought here, making it one of the strongest demand zones on the chart.
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#BTC again getting rejected and it was expected as it was getting a large wick from top and dropping now. LTF shifted bearish again and can moved lower back to support now.
Although BTC dropped in today, you can see that most altcoins are trading sideways, and some are even performing well 😉
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👀CryptoQuant warns Bitcoin may be entering a bear market, with possible pullbacks to $70K or even $56K.
video.mp44.56 KB

