🚨 Resilient' Bitcoin holders which help keep the Bitcoin price up. The level of the bearish market has fallen another 20% from the low. Bitcoin nearing a critical point and consolidation tightening with $70K back in the spotlight, analysts have observed price compression taking place at historic levels of demand, where long-term holders continue to defend this support level. On-chain activity shows a steady migration of supply into resilient wallets while exchange activity has cooled, thereby easing liquid pressures. Liquidity is still compressed, indicating that there will be no major capital rotation for now. If momentum builds over $70K, a bullish continuation could begin; if not and price cannot rebuild strength, BTC could have further testing of realized price levels between the mid-$50s #StrategyBTCPurchase #Write2Earn
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