08-06-2026 02:00 via newsbtc.com

Bitcoin Supply In Loss Crosses Critical Threshold — Bullish Reversal Next?

After days of steep downward movement, the price of Bitcoin appears to have found a somewhat reliable anchor around the $60,000 region. However, recent on-chain data suggests that the premier cryptocurrency might not be down for long, with a bullish reversal seemingly on the cards.
Is BTC Price Bottom Already Forming?
In a June 7th post on the X platform, crypto analyst Ali Martinez revealed that the price of Bitcoin might have just reached a major bottom in this cycle. This evaluation is based
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