CryptoSeeking Alphaabout 11 hours ago
Bitcoin Hits 200-Week MA at $61.8K, Floor Unconfirmed
1 min read
Bitcoin reaches $61.8K, its 200-week moving average, with $37B in realized losses below 2022 lows. Institutions sell 2,000 BTC daily, ETH longs turn negative as capitulation fails to materialize. BTC funding remains positive despite equity-crypto correlation. SpaceX IPO at $250B pulls liquidity from risk assets.
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