Bitcoin Speculators' Cost Basis at Record, $100K Support Boosted
Bitcoin speculators' cost basis has reached record levels, boosting support at $100,000. Mass profit-taking from BTC holders has led to a price dip, but support remains strong.
Bitcoin speculators' cost basis has reached record levels, boosting support at $100,000. Mass profit-taking from BTC holders has led to a price dip, but support remains strong.
Bitcoin faces a deeper drop risk as it fell below key support levels. Analysts warn of a potential further correction, with the $100,000 level being a key reference point.
Bitcoin price started a support test at $108K as bulls pause. Analysts point to increasing liquidity and divergent behaviors between smaller and larger investors, with whales increasing BTC exposure at current prices.