#Historic Bottom

Deep Market Analysis July 13: BTC Consolidates at $64K, 200-Week MA Confirmed for 4th Day, Whales Accumulate 270,000 BTC ($16.7B) in 2 Weeks, Loss-Making Supply Exceeds Profit-Making Supply for First Time This Cycle — Historic Bottom Signal, Triple Catalyst Week Ahead

Bitcoin consolidates in a tight $63.7K-$64.2K range (flat), forming a pattern of 'resistance above, support below' at the $64K level. The 200-week MA ($62,445) has been confirmed for the 4th consecutive day — the most important medium-term bullish signal. On-chain data reveals whales accumulated 270,000 BTC ($16.7B) in the past two weeks, dwarfing combined ETF outflows and Strategy sales. BTC's loss-making supply (54%) has exceeded profit-making supply for the first time this cycle — a classic historical bottom signal that preceded 90%-500% rallies in prior cycles. Exchange balance falls to 6.6% — a 7-year low. CLARITY Act odds at 40% constitute the main structural headwind. CPI data, CLARITY hearings, and the FOMC decision form a triple catalyst this week.