Joao Wedson

Bitcoin has now lost the $81K level. #Fibonacci

This was a key on-chain support highlighted days ago.
Losing it was never supposed to be neutral.
With this break, historical data becomes straightforward.
Capitulation risk increases.

On-chain metrics now point to the next major support area around $65,500.
The idea that price “can’t fall that much” is familiar.
It was the same narrative in 2022.

On-chain data doesn’t forecast headlines.
It maps structure.

>> F/F