Selling by long-term Bitcoin holders, capitulation by short-term holders and a weakening technical structure could fuel BTC’s price drop to $72K.
💡 DMK Insight
Bitcoin’s current price of $103,804 is under pressure from long-term holders selling off and short-term capitulation. This shift in sentiment could push BTC down to the $72K mark, a significant drop that traders need to watch closely. The weakening technical structure suggests that if we break below key support levels, we might see a cascade effect, triggering more selling. Look for volume spikes and RSI indicators to gauge momentum. If BTC approaches $72K, it could be a critical level for both buyers and sellers, potentially setting the stage for a rebound or further decline. Keep an eye on market sentiment and news that could influence trading behavior, as institutional players might react differently than retail traders in this scenario.
📮 Takeaway
Watch for Bitcoin’s price action around $72K; a break below could trigger further selling, while a bounce might signal a buying opportunity.






