Where is #BTC headed after capital outflow?

As we have emphasized before, the outflow of capital from Bitcoin implies that market makers may be looking for new price levels to re-enter the market. Let's analyze the possible scenarios:

1. Realized price STH ($86.2 thousand):

This region is the first target and often serves as support during bull markets. Its recovery usually signals the continuation of the bull impulse.

2nd group 'Hope/Denial' ($80.7 thousand):

This range, defined in the STH & LTH Sentiment Price Band metric, reflects the sentiment thermometer of short-term and long-term investors and historically has stable bullish tendencies.

⚠️ Bearish scenario:

If market events similar to the dump in May 2021 repeat, Bitcoin could fall to levels from $66,000 to $60,000. These zones correspond to metrics such as active realized price and true market average price, which calculate the ideal average blockchain price, excluding recently mined coins.