📊 In/Out of the Money analysis for #Bitcoin at current price of $61,153.50:

What you can see on the chart:

💚 In the Money: 2.53M BTC (44.83%) were bought between $51,910.67 and $61,118.28, meaning they are currently in the black.

🔴 Out of the Money: 3.1M BTC (55.03%) were bought above $61,118.28, meaning these addresses are currently in the red.

⚖️ At the Money: 8.16K BTC (0.14%) are at breakeven.

Conclusion:

At the current price, most#Bitcoinaddresses are in the red, which may put pressure on the market in the short term. However, a significant portion of bitcoins were bought at a price lower than the current one, which may support the price and serve as a support level.

📉 Warning: If the price continues to decline, the pressure from those "in the red" may increase.

👉 Recommendation: Keep an eye on the $61,118.28 level - this is a key point to determine the further direction of the#Bitcoinprice. 👍 ➡️@INVESTIDEAUA INVESTIDEAUA