$BTC is entering a decisive phase as realized profit loss flows tighten sharply. The chart shows a clear pattern. Massive profit taking in early 2024 and late 2024 fueled parabolic moves while the recent spike in realized losses suggests capitulation pressure building beneath the surface.

Short term this washout often signals the final phase of distribution before a stronger recovery. Long term the market tends to bottom when loss dominance hits extremes while price holds structural support.

If $BTC can absorb this wave of 2025 realized losses without breaking its higher time frame trend the market may be preparing for its next major expansion cycle. If it fails volatility could escalate fast and create liquidity driven sweeps before any reversal.

Momentum is thinning yet opportunity is forming for those watching the data closely. $BTC remains the asset the market punishes last and rewards first.

#BTCPriceAnalysis #MacroAnalysis

BTC

87,465.55

-2.00%