Bitcoin realized cap falls for first time in a month, next support at $71,300
- —Bitcoin's realized cap fell on September 15 for the first time in 27 days of growth
- —Outflows from U.S. spot BTC ETFs: $450.4 million on September 15 and $295.9 million on September 16
- —BTC trades at $76,458, below the True Market Mean of $76,700
- —Next support per Glassnode is $71,300, with the $62,000-$65,000 zone below
Why it matters: Two demand indicators weakened at once: a return to growth requires two daily closes above $76,700 and a rising realized cap, otherwise the market will test $71,300.
Source: CryptoSlate