Where is Bitcoin Headed After Capital Outflows?

As we highlighted earlier, the movement of capital out of Bitcoin suggests that Market Makers may be searching for new price levels to re-enter the market. Let’s analyze the likely scenarios:

1️⃣ STH Realized Price ($86.2k):

This region is the first target and often acts as support during bull markets. Its recovery typically signals the continuation of bullish momentum.

2️⃣ Hope/Denial Band ($80.7k):

Identified in the STH & LTH Sentiment Price Band metric, this range reflects the sentiment thermometer of short- and long-term investors and has historically sustained bullish trends.

⚠️ Bearish Scenario:

If the market repeats events like the May 2021 dump, Bitcoin could drop to levels between $66k and $60k. These zones align with metrics such as the Active Realized Price and True Market Mean Price, which calculate the blockchain’s ideal average price while excluding newly mined coins.

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