Bitcoin Bottom Signals Emerge as Medium Holders Distribute 67,000 BTC
2026-07-13 19:22

Woofun AI data shows that medium-sized hodler addresses holding between 100 and 1,000 BTC net sold approximately 67,000 BTC on July 13th, marking the largest distribution event since February. CryptoQuant noted that such behavior historically precedes price rebounds, though it does not confirm a market bottom.

Trader Ryker anticipates Bitcoin may restart its bull market in September or October, diverging from the 2027 consensus. Trader Jelle highlighted a "death cross" on the weekly chart, signaling a potential accumulation phase. Despite these indicators, $64,000 remains key resistance, with risks of a drop to $57,800 if unbroken. Upcoming US CPI, PPI data, and Fed Chairman Kevin Warsh's testimony, alongside US-Iran tensions, continue to pressure risk assets.

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BTC
Ryker
Jelle
Kevin Warsh
CryptoQuant
Bitcoin
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