Bitcoin fell below the 200-week moving average, and more than half of the outstanding chips fell into losses

Bitcoin has recently experienced a significant correction. The current price is about US$61,000, down 50% from its historical high, and fell below the 200-week moving average. At present, more than 50% of its circulation supply is at a loss, which is the first time that this has occurred after the end of 2022. Data shows that just a month ago, the proportion of loss-making currency in circulation was still around 30%. Now this figure is rising rapidly, which means that a large number of currency holders have fallen into book losses.