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Bitcoin Holders Realize $1.115 Billion in Losses as $76,000 Support Is Tested

Bitcoin Holders Realize $1.115 Billion in Losses as $76,000 Support Is Tested

Photo: TokenPost

Bitcoin (BTC) holders realized $1.115 billion in losses over 24 hours as short-term holders moved 36,600 BTC to exchanges below their cost basis, putting $76,000 support in focus. Bitcoin fell to $76,400. Crypto analyst Doctor Profit identified $76,000 as key support, linking the level to the breakout that began Bitcoin’s bull-market structure, nearby weekly support and the 50-week moving average. Recent buyers’ and short-term holders’ cost bases also cluster near that price. Bitcoin’s $74,600 short-term-holder realized price has also been highlighted as a market risk level.

Source: TokenPost

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