1 month ago
13
Key Takeaways
- BTC trades near $59,640, back at its February levels after erasing five months of gains.
- 550,000 BTC flowed into Binance and OKX deposit addresses near $60K.
- That inflow scale was last seen during the 2022-2023 bear market.
- Whale signals are split: accumulation continues even as some route coins to exchanges.
The chart makes one thing unambiguous: the current price matches the February lows. Bitcoin has given back roughly five months of action, everything gained from February through the April-May range is gone, and price is back where that whole sequence started. The structure overhead is firmly bearish.
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