<ul><li>Bitcoin faced a correction of 8% at the start of October, but has since recovered some losses.</li><li>CryptoQuant analysts report stagnant demand since July, posing a threat to 'Uptober' optimism.</li><li>Long-term holders are reducing Bitcoin exposure amid market highs and volatility.</li><li>CryptoQuant's CEO and analysts emphasize public consensus on Bitcoin's long-term potential, cautioning against overanalyzing macro factors.</li></ul>

Bitcoin Faces Selling Pressure as HODLers Reduce Exposure Amid Market Uncertainty

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