Bitcoin just hit $67K — but that’s not the story.
The real story? More bitcoin is now held at a loss than at a profit. 10.83M BTC underwater vs 9.22M in profit. For the first time ever, the majority of the supply has buyers underwater.
The Clarity Act is "at the 1-yard line." BlackRock’s CEO is dropping bullish hints. Wall Street’s back. But none of that matters if the people holding BTC are forced to sell.
And here’s the kicker: the weak hands always crack. They crack when the Clarity Act delays. They crack when the Fed hawks the dot plot. They crack when Circle’s stock tanks because Open USD is announced. And when they crack, it’s not a dip — it’s a death spiral.
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So here’s the question: When the weak hands finally snap, who’s left holding the bag? The institutions? The traders? Or the people who actually BELIEVED?
Drop it in the comments.