Bitcoin Bottom or Bull Trap? 30,000 Wallets Exit as $72,500 Risk Grows
2 outlets · first seen 1d ago · latest 1d ago
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Blockonomifirst seen
Bitcoin Bottom or Bull Trap? 30,000 Wallets Exit as $72,500 Risk Grows
TLDR: Santiment counted 59.95 million non-empty Bitcoin addresses on October 26, down 30,000 since October 16. BTC touched $79,332 on Monday before trading near $80,000, with resistance marked at $82,000–$82,500. Ali Martinez flagged a four-hour channel breakdown, identifying $72,500 as a potential buying area for BTC. U.S. spot Bitcoin ETFs lost $635.6 million on October 22 and $137.9 million on…
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Bitcoin News
Bitcoin Bottom May Be Near as 30,000 Wallets Disappear: Santiment
Bitcoin may be approaching a local bottom as smaller holders retreat, according to Santiment’s latest analysis. Falling wallet participation could support a recovery, with $80,000 support and a move back above $82,500 central to the setup. Wallet Declines Signal a Possible Bitcoin Bottom A potential bitcoin bottom may be taking shape as smaller holders appear […]