Bitcoin has now back-filled the $70–80k supply air-pocket. That move was fast, but structurally unsurprising - low historical volume zones tend to offer little support on the way down.
- Price is now approaching the 2024 chopsolidation range, a region of dense historical demand.
- Paper losses are now on par (in USD terms) with prior bear extremes.
In our latest newsletter piece, @_Checkmatey_  continues his analysis of the prevailing drawdown, and what it means in the short term given we have now largely back-filled the air-pocket --> https://newsletter.checkonchain.com/p/eye-of-the-storm…

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Bitcoin's price briefly touched $60,000 last week. Under a diminishing returns model, this is no mere noise. The market is touching the weakest link in the entire four-year cycle and logarithmic growth framework.

With the gains at the top of the Bitcoin cycle already significantly compressed, a further historically deep correction would completely negate the allure of its classic cycles.

This is not a prediction; it's a mathematical law.

Cycle Top Gains are Compressing

Historical Bitcoin Cycle Tops:

· 2013: ~$1,242

· 2017: ~$19,700

· 2021: ~...

$55,000 will be the lifeline for Bitcoin.

The U.S. Department of Justice (DOJ) has announced a 20-year prison sentence for Daren Li, 42, for his involvement in a global cryptocurrency investment scam. Notably, the sentence was...

The ringleader of a cryptocurrency scam worth approximately $74 million has been sentenced to 20 years in prison.

MegaETH officially launched its mainnet with the goal of achieving 50,000 TPS and a Block Time of 10 milliseconds, deploying over 50 dapps from day one.
MegaETH launches mainnet, aiming for 50,000 TPS and a Block Time of 10 million...