The broader encryption market continues to experience increased fluctuations, causing a sharp decrease in bitcoin without a mark of $ 85,000 after witnessing a slight upward boost in the previous week. With the price of BTC is subject to strong downward pressure, Investors feelings It has taken a radical turn, which may affect the next path of the main assets in the near future.
BTC holders have stopped in the long term
Since Bitcoin is struggling to restore the main levels, a noticeable direction has been identified between investors, especially BTC holders in the long term. Doubled on the series and macaro researcher Axel Adler Junior. I was monitored Change in feelings between investors in recent data research.
especially, Bitcoin holders in the long run It appears to have completed their distribution stage, and perhaps preparing the road for the renewed upscale. This completion of the distribution stage indicates that selling pressure between long -term holders has calmed down, which limits BTC supplies in the market.
According to macro researcher, the distribution by long -term holders is the largest in recent years. After moving the key ScalesAxel Adler highlights that activity standards have turned from high to low, especially from selling and accumulation.
the Decrease It is usually a sign of the new market cycle and installation, which represents a possible positive indicator of the market. Moreover, if the demand for BTC, the development may lead to the pressure pressure in the coming weeks.
In x (Twitter previously) mailThe expert informed that long -term holders have distributed more than 1.715 million BTC of the price of $ 60,000. After moving to change the center’s net for 30 days for Bitcoin holders in the long run, Axel Adler has selected the massive distribution by long -term investors.
As the increasing distribution stage approaches, the scale almost returned to neutral levels, indicating that the pressure pressure on a large scale may stop. If this trend continues, the possibility of watching BTC increases a recovery as their holders return in the long run to Accumulation.
He stopped in the sale of bitcoin on the exchange of encryption
Despite the continuous low performance of the BTC price, investors and traders have become ups in asset prospects, which leads to a decrease in the sale of pressure. Axel Adler open This active sale by long -term holders has reached its end in the exchange of encryption.
After stopping the sales activity in the stock exchanges, there is average monthly moving medium flow, which decreased from 3.8 % to about 1.4 %. Since it reduces the decreased pressure on Bitcoin, this minimum selling long -term sale activity is an encouraging sign of prices.
Time to write this report, BTC It was trading at 81,995 dollars, with a decrease in more than 5 % in the past 24 hours. Investors seem to benefit from the last sharp decline, as trading volume increased by more than 24 % last day.
Distinctive image from Unsplash, Chart from TradingView.com
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