🐋 New Bitcoin whales have recorded losses of $1 billion
➡️ According to CryptoQuant, investors who purchased #BTC at approximately $110,800 from November 4 to 8 lost over $1 billion. The largest losses occurred on November 7 — $515 million.
📉 After falling below $105,000, market fears of forming a 'death cross' — a bearish signal of the 50- and 200-day moving averages — increased.
Trader Sykodelic believes that the bottom will be found within 5 days, after which a rebound to $145,000 is possible.
🟢 Analyst MorenoDV_ notes a rare liquidity pattern and an increase in stablecoin volume on Binance, indicating accumulation of positions by large players.
🟢 Bitget Research expects BTC movement in the range of $90,000–160,000 and a gradual market recovery.
