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#BTC price

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Down but Not Out: Bitcoin’s Stair-Step Bullish Trajectory Remains Intact
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Down but Not Out: Bitcoin’s Stair-Step Bullish Trajectory Remains Intact

Key Highlights: Bitcoin pulled back to around $84,200 early Wednesday, sliding over 2% from Tuesday’s high near $86,500. Despite the minor drop, BTC remains locked within its two-week consolidation channel of $83,000 to $87,000. Market analysts affirm that the ongoing multi-month “stair-step” bullish pattern originating in July remains fully intact. Bitcoin experienced downward pressure early ...

Bitcoin Hits $86.2K: Will Profitable BTC Whales Start Cashing Out?
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Bitcoin Hits $86.2K: Will Profitable BTC Whales Start Cashing Out?

Key Highlights: Large Bitcoin holders have reduced their exchange supply deposits near the lower end of the recent trading range, curbing immediate sell pressure. Trading near $86,200, Bitcoin positions major whale and shark cohorts well into profit relative to their realized cost bases of $62,100 and $67,500. Bitcoin’s Net Unrealized Profit and Loss (NUPL) jumped ...