$BTC resilience driven by whales accumulation and key support:
Last Friday, #bitcoin price fell from $72,000 to $69,000, causing a 10% average drop across many #Cryptocurrencies
The changes in #BTC balance across different cohorts show notable increases.
Specifically, addresses holding 100 to 1,000 BTC saw an increase of 30,601 BTC, those with 1,000 to 10,000 BTC increased by 34,834 BTC, and the largest holders, those with over 10,000 BTC, increased their balances by 24,176 BTC.
Critical Support Level:
The average price for Bitcoin bought between one day and three months ago is $67,500.
👉If the price falls below the $67,500 level, it may find support in the $64,000 – $65,000 range.
👉 On the other hand, if the market price remains above this realized price, 17% of the Bitcoin supply will be in profit.
A price surge toward the $72,000 level could be decisive this time, potentially leading to an all-time high breakout in the mid-term.
