🚨 Important signal from Bitcoin data!

Over 51% of the supply is currently sitting in unrealized losses.

What does this mean?

🔴 Psychological pressure on new investors
🔴 Increased likelihood of selling due to fear

But historically:
When a significant portion of the supply goes into the red, the market is often close to capitulation and re-accumulation zones.

The battle now is between:

short-term fear... and long-term investor confidence

$BTC