#Bitcoin Maxi | $MSTR | Long term investor, Trader & educator since 2012, Financial manager helping others understand $BTC and Finance through insights & TA
#Bitcoin Drops 2.55% in 24 Hours — What’s Driving the Pullback?
#bitcoin fell to ~$107K, down 2.55% over the past day, as a mix of macroeconomic and technical factors weighed on sentiment.
- tightening available supply.
If this trend continues, the market may be setting up for a supply squeeze rather than another leg down.
#BTC#PriceAnalvsis
Bitcoin supply is quietly getting absorbed - and miners are stepping back
Something is shifting under the surface.
While • $BTC price action looks uncertain, long-term holders just increased demand by 48.5% in a week, absorbing over 67K BTC as miner selling drops to 2024 lows.
On-chain highlights: Accumulator addresses: ~205K #BTC vs 138K last week Miner Pressure (MPI): down to - 1.042, lowest since 2024
Accumulation spike came during price decline. This is a classic setup. Strong hands are buying while natural sellers (miners) are slowing down
$BTC is showing resilience despite geopolitical turbulence, climbing back above $70K after a sharp 4.47% daily move. While markets reacted to mixed signals around U.S.-Iran tensions, #BTC managed to hold its ground, with SETH, SXRP, and $SOL following the broader rebound.
$BTC INTO RESISTANCE — THIS IS THE LEVEL
#BTC just ran from $70.5K straight into
$73.7K resistance. Momentum is fading here. If sellers defend this zone, we likely see a pullback. Above $74K with strength! Either it reacts clean or we step aside. Risk management first, always.
Waiting for Conviction
$BTC is range-bound between key valuation
anchors, with $60k-$69k absorbing sell pressure. Profitability and breadth are fading, spot and ETF flows stay negative, and leverage has reset
$BTC below $65K: Market looks quiet but healthy. Retail traders are panic-selling, yet data shows strong support near $64.5K and an RSI reset to 48. Liquidity is rotating into altcoins, not leaving crypto. Steady DCA remains smart and a weak dollar could send #BTC back above $70K