These are two most important Bitcoin levels right now
https://www.youtube.com/watch?v=HjGDFTIrmnw
Language: en | ASR: large-v3-turbo @ 0a363e9161cbc7ed1431c9597a8ceaf0c4f78fcf

[00:00:00.000 --> 00:00:04.900] Speaker 1: These are the two most important levels for Bitcoin right now, and almost nobody is talking
[00:00:04.900 --> 00:00:10.740] Speaker 1: about them. This orange line is the average price paid by everyone who bought Bitcoin 6 to
[00:00:10.740 --> 00:00:16.460] Speaker 1: 12 months ago. This blue line is the same thing for buyers from 1 to 2 years ago. In other
[00:00:16.460 --> 00:00:21.700] Speaker 1: words, it is their break -even price. And look what happens every single time Bitcoin gets
[00:00:21.700 --> 00:00:26.880] Speaker 1: there. January, price hits the orange line and gets rejected, down more than a third. May,
[00:00:27.060 --> 00:00:31.820] Speaker 1: it hits the blue line, rejected again, down about a quarter. Why? Because people who've
[00:00:31.820 --> 00:00:37.060] Speaker 1: been underwater for months sell as soon as they get back to breakeven. And this month, the
[00:00:37.060 --> 00:00:42.820] Speaker 1: one to two -year holders started selling into the rally again. So right now, Bitcoin is
[00:00:42.820 --> 00:00:49.160] Speaker 1: stuck under its top buyers. But here's the bullish part. If Bitcoin breaks above 87 .7
[00:00:49.160 --> 00:00:55.140] Speaker 1: thousand and then 99 .5 thousand, those sellers are gone. That supply gets absorbed, the
[00:00:55.140 --> 00:00:59.520] Speaker 1: selling pressure disappears, years, and that is when we can expect the bull run to really
[00:00:59.520 --> 00:01:03.820] Speaker 1: take off. Until then, these two levels are the ceiling. Watch them.