BTC short-term holders ‘likely taking on more risk’ as realized cap drops by $6B
Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst. Go to Source
Six tried and tested on-chain metrics are repeating patterns last seen at the bottom of the past three bear markets. Go to Source Powered by WPeMatico
While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish. Go to Source Powered by WPeMatico
The current speculative trend and Ethereum’s price premium suggest that the altcoin’s price could more than double over the next 7 weeks. Go to Source Powered by WPeMatico
Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly. Go to Source Powered by WPeMatico