BITCOIN'S UNDERLYING BID IS WEAKENING $BTC ⚠️

Bitcoin active addresses are down more than 30%, showing network participation is fading even as price holds firm. That divergence suggests the move may be driven more by futures positioning and macro liquidity than by spot conviction, a setup institutions watch closely for fragility. If engagement keeps falling, downside could accelerate quickly on any retrace.

Not financial advice. Manage your risk.

#Bitcoin #BTC #Crypto #OnChain #Macro

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BTC
BTCUSDT
66,809.3
-0.06%