$BTC Is a Beach Ball Being Held Underwater Selling is the downward force. Scarcity, long-term demand, and buyer absorption create the buoyant force underneath. Despite −$4.6B in measured 30-day core flow, Bitcoin is holding up better than 95% of comparable periods. That means sellers are applying force, but getting less downward movement. The deeper they push it, the more stored upward pressure builds. When the selling force weakens, the beach ball does not drift upward. It snaps back.
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