As Bitcoin undergoes its steepest downtrend of the current cycle, investor sentiment remains notably uncertain. Despite this surface-level indecision, there are clear signs of a renewed focus on HODLing and accumulation within the market. With the market currently digesting the largest #Bitcoin downtrend of the cycle, indecision amongst digital asset investors remains apparent. However, below the surface, a distinct return to HODLing and accumulation appears to be underway. Discover more in the latest Week… pic.twitter.com/dtyrv8dVqz — glassnode (@glassnode) August 13, 2024 Bitcoin, the cornerstone of the cryptocurrency market, often serves as a bellwether for broader trends. A closer examination of
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