Bitcoin News

Bitcoin Flashes Luna-Level Capitulation Signal at $67K, Not $19K

2 hours ago

Bitcoin is printing on-chain loss-taking on a scal

Bitcoin is printing on-chain loss-taking on a scale last seen during the Luna/UST meltdown, but at a radically different price point, a distinction that changes what the signal likely means for this drawdown.

The Bitcoin Net Realized Profit/Loss 7DMA chart shows the net flow dropping to -$1.99B | Source: Axel Adler

The Bitcoin Realized Loss 7DMA chart shows a spike in realized losses to $2.3B | Source: Axel Adler

Bitcoin must hold above the 200-week EMA, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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TLDR: Table of Contents Silver crashed 32% in largest intraday drop since 1980, erasing $2.5 trillion as manipulation claims surface. JPMorgan issued 633 February silver...

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