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🎖️ Bitcoin just flashed a “HIGH RISK” warning 🔥
Swissblock says BTC’s Risk Index climbed to 33/100 as May shifted from strong accumulation into institutional distribution.
At the same time:
• ETF outflows keep accelerating 📉
• Macro uncertainty around Iran is shaking markets 🌍
• Institutional demand is weakening short term
The last time this structure appeared was before Bitcoin’s 2022 capitulation phase. 👀
That doesn’t guarantee another crash — but it does signal volatility and elevated risk are back on the table.#DailyOrbit $BTC
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