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Short-Term Bitcoin Holders Panic Sell: Here’s Why It Might Be Great News For BTC

Amid the Bitcoin gradual recovery in price, the asset seems to have been experiencing an interesting market trend lately, suggesting a shift in its supply distribution. According to a CryptoQuant analyst, who goes by the pseudonym ‘IT Tech,’ BTC’s recent price fluctuations have led to short-term holders (STHs), labeled as “weak hands,” exiting the market, potentially passing their holdings to long-term investors or “strong hands. дальше »

2024-10-8 11:00


Is This a Good Time to Buy Bitcoin (BTC) Dip? Watch FTM, SOL, DOGE, and These Altcoins for Strong Recoveries

VirtualBacon shared insights regarding the current situation of Bitcoin (BTC), noting that while the cryptocurrency is experiencing a sharp correction, there is no reason to panic. The key point raised is that Bitcoin remains above the critical Bull Market Support Band, which lies between $61K and $62. дальше »

2024-10-3 12:45