Crypto Patel

Bitcoin's Rally to $73K Triggers Sell Pressure 🚀

In both the 2020-21 and 2023-24 bull runs, #Bitcoin rallies have reignited sell-side pressure.

As Bitcoin surges to new highs, like $73,000, dormant investors bring their supply back to the market, creating a mix of distribution and price contraction.

This pattern is now in full swing as Bitcoin reaches its recent peak.

#Cryptocurrencies $BTC