Analyzing Bitcoin’s 14M profit milestone – BTC’s next move hinges on THIS level
macro
The report notes that roughly 14 million BTC are now in unrealized profit, marking a significant concentration of profitable holders. Analysts in the piece say Bitcoin’s immediate directional bias hinges on whether it can decisively hold and flip the key technical level identified as the current resistance-turned-support. Holding/clearing that level would likely sustain bullish momentum and push more coins further into profit, while failure to do so would increase liquidation risk and open the door to a deeper corrective pullback.
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