Data shows that Bhutan has been selling Bitcoin in batches of nearly $50 million over the past few months.
Now the market is testing that rule again. If Bitcoin drops and stays below $69,000, it would be the first time this historic pattern breaks. That could signal a major change in market structure and open the door for a deeper fall toward the $62,442 level.
But if Bitcoin holds above $70,000, the long-term bullish trend remains intact. This level is now the key line between strength and fear.
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FAQs
How might institutional behavior change if volatility continues?
Prolonged volatility often leads institutions to reduce exposure or hedge positions. This can lower short-term liquidity and slow recovery momentum even if prices stabilize.
Who is most affected by the current market structure shift?
Recent buyers and leveraged traders face the highest risk, as price swings can force liquidations. Long-term holders are typically less impacted unless support breaks decisively.
What indicators will traders watch next to gauge market direction?
Traders will closely track ETF fund flows, exchange inflows, and whether Bitcoin reclaims key levels. These signals often shape sentiment before price trends reverse.
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