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Key facts: Bitcoin P&L lowest since Dec 2022; $60K tested, 'W' reversal

By Exbasi Intelligence
Sourced from TradingView
Key facts: Bitcoin P&L lowest since Dec 2022; $60K tested, 'W' reversal
Bitcoin's realized P&L ratio dropped to βˆ’0.35, the lowest since Dec 2022; past similar lows have come before major BTC rallies.BTCUSD tested $60,000 support as centralized exchange inflows stayed near 50,000 BTC/day for the fourth time this year; a break under $60,000 could expose realized-price area near $53,000.John Bollinger said BTCUSD may form a 'W' reversal on daily and weekly charts, aligning with the lower daily Bollinger Band and showing a fractal of smaller 'w' lows and an 'm' apex.German savings banks add in-app Bitcoin (BTCUSD) trading and custody. DZ Bank’s meinKrypto is live via VR Banking App under MiCA; DekaBank plans a similar BTC product for ~340 banks this year.Michael Saylor and developer David Bailey condemned BIP-110 as a hostile takeover, urging broad consensus from nodes, miners and holders, noting engineer departures and harassment concerns.

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