Bitcoin Top Here? What Historical HODLer Selloff Pattern Says

On-chain data shows the Bitcoin long-term holders are selling. Here’s whether the current level of selloff is enough for a price top or not. Bitcoin Long-Term Holders Have Been Selling Big Recently In a new long-term holders” (LTHs) refer to the BTC investors who have been holding onto their coins for more than 155 days.… Continue reading Bitcoin Top Here? What Historical HODLer Selloff Pattern Says

Bitcoin On-Chain Indicator Signals Panic Selling At Current Levels – Time To HODL?

Bitcoin is showing resilience, holding firm above the $69,000 mark after a slight pullback from recent local highs at $73,600. Following weeks of bullish momentum and nearing its all-time high, BTC has settled just below the critical $73,794 resistance, a key level that, if surpassed, would push the cryptocurrency into price discovery mode.  According to… Continue reading Bitcoin On-Chain Indicator Signals Panic Selling At Current Levels – Time To HODL?

Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why

Bitcoin traders are upbeat, expecting prices to shake off recent weakness and soar above the local resistances to as high as $73,800. Even so, before the coin breaks above these liquidation regions, buyers must have conviction. Moreover, the leg up must be sustained by a fresh influx of new capital, ideally from investors fearing they… Continue reading Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why

Bitcoin Recovery Stalls As HODLers Apply Selling Pressure

On-chain data shows that Bitcoin long-term holders have potentially been selling recently, something that may explain BTC’s continued bearish momentum. Bitcoin Exchange Inflow CDD Has Registered Huge Spikes Recently As an analyst in a CryptoQuant Quicktake post explained, old cryptocurrency tokens have recently been deposited in large quantities in centralized exchanges. The on-chain metric of… Continue reading Bitcoin Recovery Stalls As HODLers Apply Selling Pressure