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Selling pressure begins to increase after Bitcoin was rejected from the strong supply zone in the $82,000 to $84,000 area. That area previously became a key point because it coincided with the upper boundary of the ascending channel on the daily timeframe.

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Bitcoin ( $BTC) is trading around $71,000, slipping roughly 3-4% over the past 24 hours after failing to hold the $73,000 support level. The market is experiencing downward pressure due to US-Iran geopolitical tensions and significant corporate and institutional sell-offs.

Some individuals pay $29m in execution fees to offload $1.26 billion in Bitcoin exposure in ONE trade. This was a major IBIT trading block last week that sent shockwaves through the market. NYDIG analyzed the trade and concluded that this is not a strategy. It’s a large investor looking to exit quickly and willing to pay for
the right.
Bitcoin has continued to fall since then. The US Bitcoin ETF has recorded outflows every day for two consecutive weeks.
No one knows who the identity is, but BTC has already dropped 5% since then.

PI volatility is another reminder that traders need speed and reliability when markets start moving hard
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$BTC #BTC Your Market Recap Lives On
fomo
Most traders start their day switching between apps and feeds just to piece together what happened overnight, and by the time they have the full picture, the market has already moved.
On fomo, that recap is always waiting on top of the feed, sharing macro moves and asset updates from $HYPE to # $BTC status in real time, with the context behind each
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This summary lives on top of a live feed of traders who are actively in the market, closing and opening positions.
The market always has something happening, and fomo is where you can see it all

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The crypto market is moving downward today as Bitcoin remains flat and Worldcoin slips due to profit-taking actions. Total market capitalization decreased by 0.42% to $2.44 trillion, losing $10.24 billion.
Trading activity mostly remains flat as the end of the month coincides with the approaching weekend. Bitcoin is under increasing selling pressure. Worldcoin dropped 11% as profit-taking pressure is visible on the price chart.#WinGoldBarsWithGrowthPoints

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