Market Update: BTC Weakens Into Year-End
Bitcoin has broken below $85,500, marking sharp declines over the last month as market structure continues to deteriorate.
đč Old wallets are sending large amounts of BTC to exchanges, creating heavy supply pressure
đč Liquidity is thinning as managers rotate defensively for year-end
đč Options markets turn bearish the $85K put is now the largest open interest strike
đč MSTR remains in focus as BTC inches closer to its $74,430 breakeven
With sentiment shifting and volatility rising, the coming weeks could be pivotal for market direction.