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CoinDesk - by layer3.news
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2025-02-05 13:37:45
in reply to nevent1q…6rvc

Bitcoin Drops Below Key 2025 Realized Price Level, Raising Risk of Further Downside: Van Straten


CoinDesk (nprofile…nhef)
✍️ The average withdrawal price of bitcoin is currently around $100,356, and a sustained fall below this level could trigger continued selling and downward price pressure.
👉 The average withdrawal price of bitcoin is currently around $100,356.
👉 A sustained fall below this level could trigger continued selling and downward price pressure.
👉 Historically, the average withdrawal price has served as a strong support level for bitcoin.
👉 Bitcoin has repeatedly tested and reclaimed this level in the past.
👉 Over 2.6 million BTC are sitting at a loss as of 2025.

#technology
CoinDesk (nprofile…nhef)

Over 2.6 million bitcoin in supply are currently at a loss, one of the highest levels this year.
https://www.coindesk.com/markets/2025/02/05/bitcoin-drops-below-key-2025-realized-price-level-raising-risk-of-further-downside-van-straten

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