BITCOIN JUST LOST THE SHORT TERM HOLDER REALIZED PRICE AGAIN.

Bulls tried to defend $78,000.
They failed.

This is not a small technical breakdown.
This is the line between recovery and capitulation.

Every short term holder is back underwater.

> Millions of addresses back in the red.
> Billions in unrealized losses rebuilding.
> Selling pressure returning from the worst possible zone.

The last time Bitcoin lost this level what followed was months of pain.

If price stays below $78,000...
The higher probability is a new capitulation phase.

The warning has been given.

$BTC