Sol$SOL
SOLUSDT
Perp
138.32
+5.54%
THE FLOOR BROKE! A BTC level collapses and triggers the crypto recession alarm. 🕳️
Let's see, my crypto people! 🤯 Did you know that right now, more than 25% of all the Bitcoin that exists is held by people who, if they sold TODAY, would be at a LOSS? 😱 That is the basis of the drama we are seeing in the market.
Look, here's the thing: Bitcoin tried with all its might to break the barrier of $94,000, but boom!, it came back down hard. This rejection is no coincidence; it is confirming something that experts call the "base cost quartile of $0.75" from Glassnode. To put it simply, this quartile represents the average purchase cost of a large segment of investors, specifically those who bought most recently.
Look, here's the thing: Bitcoin tried with all its might to break the barrier of $94,000, but boom!, it came back down hard. This rejection is no coincidence; it is confirming something that experts call the "base cost quartile of $0.75" from Glassnode. To put it simply, this quartile represents the average purchase cost of a large segment of investors, specifically those who bought most recently.
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