🔍 Bitcoin Market Outlook: Waiting for the Animal Spirits to Return 🔍Welcome to the first edition of The Bitcoin Intelligence Report! 🚀 In this video, we analyze key macroeconomic and on-chain trends shaping Bitcoin’s price action. With the market at a critical juncture, we break down the underlying economic weaknesses, investor stress signals, and potential catalysts that could drive Bitcoin’s next move.📊 Key Insights:✅ Consumer sentiment is deteriorating, with weak retail sales and rising underemployment signaling economic fragility.✅ Bitcoin’s supply in profit has dropped to 77%, a historically risky threshold.✅ Unrealized losses are rising, increasing the risk of further selling pressure.✅ The $85K cost basis is a crucial support level—will Bitcoin hold or break lower?✅ Three potential catalysts for a Bitcoin recovery:1️⃣ Tariff reductions & trade stabilization2️⃣ Revival in consumer confidence3️⃣ Liquidity injections through rate cuts📉 Macroeconomic Overview:While the headline labor market appears stable, the U-6 unemployment rate has jumped to 8.0%, signaling hidden economic stress.GDP growth is slowing, inflation expectations are rising, and consumer confidence has hit multi-year lows.📈 Bitcoin On-Chain Data:Investor stress is mounting, with the MVRV Z-Score signaling increased unrealized losses.Net Realized Profit & Loss has dipped into negative territory, highlighting dominance of loss realization.Without renewed demand, Bitcoin remains vulnerable to external shocks and liquidity-driven downturns.🔮 What’s Next for Bitcoin?Will the macro backdrop improve in time for Bitcoin to regain momentum? Or are we headed for deeper corrections? Watch the full analysis and get the data-driven insights you need to navigate this market.🔔 Subscribe to Bitcoin Intelligence for in-depth Bitcoin analytics, on-chain insights, and macro analysis!http://21stcapital.com/bi📢 Join the Discussion: What’s your Bitcoin outlook? Drop your thoughts in the comments below!#Bitcoin #BTC #Crypto #BitcoinAnalysis #OnChain #Macroeconomics #BitcoinMarket #CryptoInvesting