This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’ – Cointelegraph

This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’ – Cointelegraph


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Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop. A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTHs) in losses, is signaling that a market bottom could be close.As of Sept. 22, approximately 30% of Bitcoin’s LTHs were facing […]

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via Inferse.com https://www.inferse.com

November 22, 2022 at 01:49AM

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