cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Bitcoin Loses $90K Support as On-Chain Data Hints at $70K Next

Bitcoin (BTC) has decisively broken below the psychologically significant $90,000 level, reaching a six-month low under $81,000.

According to analyst CryptoOnchain, this breach signals a new corrective phase for the digital asset, with their assessment now pointing toward a critical test of the $70,000-$73,000 support zone as the next major battleground for market direction.

A Market in Correction

The decline has been sharp, with Bitcoin’s value falling roughly 17% over the past month and over 6% in the last 24 hours alone, based on recent data from CoinGecko.

This drop pushed the asset to levels not seen since April, triggering substantial market liquidations. The selling pressure was amplified by activity from long-term holders, with analytics firm Arkham revealing that an early Bitcoin adopter, Owen Gunden, moved $230 million in BTC to the Kraken exchange.

This was part of a larger sell-off that saw the entity dispose of 11,000 BTC, worth $1.3 billion, since October, introducing significant sell-side pressure from a source that had been dormant for years.

While the break below $90,000 is technically bearish, CryptoOnchain indicated a new trading range is being established between $70,000 and $90,000.

They pointed out that the Point of Control (POC), the price level with the highest traded volume, sits near $83,000, which could act as a magnet for the price, leading to a period of consolidation. However, the primary focus for many is the stronger confluence of support waiting below.

The Path to a Potential Bottom

According to CryptoOnchain, the most important area of interest for traders is the $70,000-$73,000 band.  This zone is not just a major technical level; its importance is heavily reinforced by on-chain data, which shows it matches up with the average acquisition cost, or Realized Price, of large Bitcoin holders.

The metrics shared by the expert show these entities, holding between 100 and 1,000 BTC, have a collective cost basis of approximately $71,000.  Historically, when the market price approaches the average purchase price of major investor groups, they often step in to buy more to defend their positions, creating a powerful support floor.

Market sentiment, as tracked by analytics platform Santiment on November 20, reflects the ongoing fear. Social media is filled with a mix of optimism from those looking to buy the dip and pessimism from those predicting further losses.

The firm suggested that a true market bottom often forms when retail sentiment becomes overwhelmingly negative, marked by a surge in predictions for prices below $70,000.

게시물 Bitcoin Loses $90K Support as On-Chain Data Hints at $70K Next 에 처음 등장 크립토포테이토.


댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (425) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (69) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (5) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.