📉 Bitcoin could fall to $64,000-$65,000

This prediction was shared by crypto analyst Michael Van de Poppe.

😛 He analyzed the NPL indicator, which measures daily network-level ROI based on on-chain transaction volume.

When NPL rises sharply, it means holders are selling their assets at a significant profit. Conversely, large drops indicate losses before capitulation.

💰 BTC's NPL rose from $348.87 million to $1.64 billion over the weekend, suggesting many holders are cashing out their profits.

The analyst described the potential drop as "the ultimate opportunity to buy the dip." This zone is a favorable entry point for investors looking to profit from BTC's next move.$BTC