The average recent $BTC buyer is now in loss as price trades below their realized value.
Short term, this means weak hands may sell on every bounce. But deep loss zones like this usually appear closer to the end of a correction, not the start.
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The average recent $BTC buyer is now in loss as price trades below their realized value.
Short term, this means weak hands may sell on every bounce.
But deep loss zones like this usually appear closer to the end of a correction, not the start.