Analyst says bitcoin sell-side exhaustion at record high as market builds a base
- —Byers says BTC sell-side exhaustion is at an all-time high
- —US debt is growing 6.5% while GDP expands about 2.2%
- —Perpetual preferreds from bitcoin treasury firms total about $15 billion
- —Byers runs a 4,000 BTC fund targeting 4–8% annual returns
Why it matters: On-chain bottom signals could support holder sentiment, but the call rests on one analyst's view rather than confirmed data.
Source: TokenPost