๐ Bitcoin's Price Pressure: A Silver Lining? ๐
Despite Bitcoin facing increased downward price pressure, here's a surprising stat: unrealized losses are at a mere 2.9% of its market cap! ๐ This low figure suggests that:
โข Most #BTC holders are still in the green ๐, potentially reducing panic sells.
โข The market might show more resilience against further drops. ๐ก๏ธ
With less impetus for investors to sell at a loss, #Bitcoin Resilience could be stronger than current trends suggest. Remember, in the volatile world of #crypto , understanding these metrics can be key.
