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Bitcoin Rebounds Above $85,000 as On-Chain Selling Risk Rises

Bitcoin Rebounds Above $85,000 as On-Chain Selling Risk Rises

Photo: TokenPost

Bitcoin (BTC) has rebounded above $85,000 as an on-chain seller-exhaustion indicator approaches levels associated with prior local tops, raising the risk of additional selling pressure from short-term holders. The indicator combines profitable supply with market volatility to identify periods of elevated or subdued market risk. Its latest reading has reached a key threshold near levels seen during previous local tops in the current market cycle. The reading does not confirm that concentrated selling is taking place. Because volatility generally declines over time, the broader trend matters more than any single reading.

Source: TokenPost

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