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Bitcoin Long-Term Holders Balances Fall To A New Low As Market Sentiment Shifts

  • Bitcoin's long-term holders' balances have fallen sharply, indicating a decrease in confidence.
  • The decline in long-term holdings may impact BTC's price stability and represent a change in attitude among seasoned investors.
  • However, the decline in balances is less significant than in previous cycles, suggesting a smaller impact on the asset's value.
  • Despite the decrease in long-term holdings, Bitcoin's price has rebounded, showing signs of bullish sentiment.

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