Analyst Says Bitcoin Faces Tough Path as Long-Term Holders Keep Selling
Bitcoin’s restoration might stay sluggish as long-term holders proceed offloading their positions, creating persistent sell-side strain throughout the market, based on analysts. Key Takeaways: Long-term Bitcoin holders are cashing out, creating sustained promote strain that’s slowing the market’s restoration. On-chain knowledge reveals realized earnings hit $1.7B per day whereas revived provide from previous wallets reached…
