$BTC 🚨HALF OF ALL BITCOIN IS NOW UNDERWATER
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10.5 MILLION $BTC, or over 50% of Bitcoin's supply, is now held at a LOSS, up from just 30% a month ago.
Every major bear market bottom in 2011, 2018, and 2022 came within WEEKS of this level, but only after one final drop of 15% to 26%.
Meanwhile, one year RETURNS after crossing this threshold have ranged from 69% to 359%.
$BTC Breaking Out of the Structure Bullish Momentum Building
Trade Setup: Long
Entry Zone: $63,200 - $63,500
SL: $62,600
TP1: $64,200
TP2: $65,000
TP3: $66,000
BTC has broken above the descending trendline and is holding inside a rising channel, showing strong buyer interest. As long as price remains above the breakout area, the bullish structure remains intact and higher targets are likely.
Maximum 20x leverage. Move SL to entry as soon as the trade goes in profit.
{future}(BTCUSDT)
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