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Bitcoin’s Long-Term Holders Hit Cyclical Low as Sell Pressure Finally Eases

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Bitcoin’s Long-Term Holders Hit Cyclical Low as Sell Pressure Finally Eases

Long-term holder supply bottomed when bitcoin sank to 80K,signalingthatthewaveofspotdrivensellingmaybenearingexhaustionaspricesreboundto80K, signaling that the wave of spot-driven selling may be nearing exhaustion as prices rebound to 90K.


Original Article: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

This article was originally published on CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data and has been curated for our readers.