📉 Bitcoin's Price Pressure: A Silver Lining? 🌟
Despite Bitcoin facing increased downward price pressure, here's a surprising stat: unrealized losses are at a mere 2.9% of its market cap! 📊 This low figure suggests that:
• Most #BTC holders are still in the green 💚, potentially reducing panic sells.
• The market might show more resilience against further drops. 🛡️
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.
