This Analysis Shows Why BTC Holders Are Under Pressure
Bitcoin This Analysis Shows Why BTC Holders Are Under PressureBitcoin risks capitulation if price loses critical $73K holder support zone.Exchange Bitcoin reserves hit 2019 lows despite bearish market conditions.Spot Bitcoin ETFs continue reducing supply through steady institutional demand. Bitcoin extended its recent decline on Thursday as mounting losses among short-term holders increased fears of a broader capitulation event. The leading cryptocurrency traded near $72,714 after losing more than 3% in 24 hours. Moreover, weekly losses now exceed 5%, reflecting growing weakness across the market. Despite the pressure, on-chain metrics still suggest that investors have not entered full panic mode. Instead, traders remain trapped between critical support and resistance zones while the market searches for direction. On-Chain Data Reveals Critical Battle Zones CryptoQuant data shows that most Bitcoin holders who entered during the last 18 months now sit below their average purchase price. Significantly, the Realized Price UTXO Age Bands metric highlights how several investor groups remain under heavy stress. The 1-month to 3-month cohort currently holds a cost basis near $73,000. That level now acts as the markets immediate support zone. If Bitcoin breaks below that threshold, selling pressure could accelerate rapidly. Consequently, analysts view the $69,000 region as the next major support area. That zone aligns








