Bitfinex(@bitfinex):$BTC is now trading at the short-term holder cost basis at $76,000. Any dip below it puts the cohort underwater. We are not seeing forced selling yet but BTC’s current tight correlation to equities means its near-term prospects are out of its hands.

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Bitfinex@bitfinex

2026.11.07 20:09

$BTC is now trading at the short-term holder cost basis at $76,000. Any dip below it puts the cohort underwater. We are not seeing forced selling yet but BTC’s current tight correlation to equities means its near-term prospects are out of its hands.