Bitcoin Tests the February Low: $7B in Losses, Nearest Support $54K
Jun 05, 2026•21 min•Ep. 185
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Episode description
Bitcoin is testing the February low, while the current net realized loss of -$7B is already heavier than it was directly at the February price low. At the same time, it is still below the peak of winter capitulation at -$14B. The key observation - this time, seller pressure is building as price approaches the bottom, rather than fading before it.
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