The Sellers Are Throwing in the Towel: The Bitcoin Supply Shock Is Ready 🧨

Listen carefully, because what’s happening on the Bitcoin chart is no coincidence. When sellers start playing towel — literally abandoning the game because they can’t keep selling — we’re at a turning point where patience separates those who make profits from those just watching from the sidelines. Bitcoin is currently at $66.29K with a 24-hour drop of -2.56%, but look beyond the noise: fundamental indicators are telling us that capitulation is at its peak.

The Price Is on a Tightrope: $70,000 as a Critical Level 🥊

Right now, the price is dangerously close to $68,000, and although we’re temporarily below the 30- and 200-day moving averages (causing pessimists to voice concerns), the MACD indicator sends a clear signal: selling pressure is fading. This is no small detail. The real hurdle is the $70,000 level. If we break through it convincingly, trapped liquidity will jump like a spring, and we’ll head straight toward $79,248. If we don’t… well, support at $66,714 must hold strong. This is where it’s decided whether this is a temporary correction or something deeper.

The $69,000 zone represents a textbook “Breakout Retest”: that historic level that once held us back now aims to become our support. If we hold that base, the path to $100,000 (or the 1.618 Fibonacci level) is clear. But the battle is fierce, and every move up or down from here matters.

Miners Capitulated — Trend Reversal Indicator ⛏️💎

Here’s what many don’t see: the hash rate (the total computational power of the network) dropped 14%. What does this mean? That dozens of miners can no longer keep their operations profitable and are leaving the business. Historically, when mining capitulates on this scale and operators stop selling because they literally have no more flow to release, Bitcoin experiences extraordinary jumps in the following three months.

On-chain data doesn’t lie: mid-cycle sellers are completely exhausted. Those who were afraid have already sold. Those needing urgent cash have liquidated. What remains now are hands that understand where this is really headed. When miners start throwing in the towel, the market is telling you that the dark side of supply has already passed.

The World Is Diversifying: Beyond American Politics 🏛️🌍

While Washington politicians debate tariffs and delay digital asset regulations, the rest of the world isn’t wasting time. Look at the United Arab Emirates: they’ve already mined over $450 million in Bitcoin and are not liquidating; they’re holding it as a strategic national reserve. That’s playing at a whole different level.

U.S. politics creates noise and partially slows down the influx of massive institutional capital, but adoption by nations and companies creates a steel floor for the long term. We’re in that phase where technical analysis urges caution, but fundamentals tell us the engine is hot and ready to fire at full throttle.

Bitcoin isn’t dying; it’s shaking off weak hands for what’s coming next. The question everyone should ask is: will a regulatory breakthrough in Washington propel us to new heights, or will the miners’ final capitulation be the match that ignites the fuse? The market will tell us soon.

$BTC