Bitcoin Bollinger Band width fell to 4.9%, the tightest since mid-September. Breakout levels to watch: $86.0K above and $81.9K below.

Bitcoin long-term holder realized price is $48.6K, with BTC 72% above it. LTHs in profit since Jan 2023, but their cost basis is falling.

Fees are just 0.64% of Bitcoin miner revenue. At $0.05/kWh, mining 1 BTC costs $86.7K with an Antminer S19 vs $44.3K with an S21.

Bitcoin fell to $80.7K as $520M in longs were liquidated Oct 2-8. The Stress Index hit 49.9, near 3-month highs, then eased to 7. What's next?

Fed minutes signal another rate hike by year-end. Bitcoin falls to $82.8K, Regime Score at -22. What FOMC said and the -30 bear threshold.

itcoin fell from $85.5K to $83.9K overnight as long liquidations and taker sell pressure spiked. Shakeout or start of sustained selling?

Bitcoin long-term holders cut positions for a 7th week (-73.4K BTC). LTH SOPR at 1.18 shows profit-taking as the market absorbs supply.

Bitcoin futures buying pressure hit 4.9, the highest since August, as open interest rose 9K BTC in 24h. The key level for new longs is $83K.