📉 Bitcoin Price Pressure: A Glimmer of Hope? 🌟
Despite the increasing downward pressure on Bitcoin, here’s a surprising statistic: unrealized losses account for just 2.9% of its market cap! 📊 This low number suggests that:
• Most#BTCholders are still in profit 💚, potentially reducing panic selling.
• The market may show greater resilience to further price declines. 🛡️
With less incentive for investors to sell at a loss, #Bitcoin’s recovery could be stronger than the current trend. Remember, in the volatile world of #crypto, understanding these metrics could be key.