Bitcoin Mid-Cycle Consolidation Signals Patience Phase for Investors

TLDR: Apparent demand remains negative, showing new supply exceeds market absorption for Bitcoin. CryptoQuant cycle indicators fall into deep bear territory despite price holding $65K–$75K. Long-Term Holder SOPR below 1 signals stress among historically strong investors. Sideways price action with fading rallies reflects a prolonged patience phase in the cycle. Bitcoin mid-cycle consolidation is evident [...]

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