menu
techminis

A naukri.com initiative

google-web-stories
source image

Newsbtc

1w

read

194

img
dot

Image Credit: Newsbtc

Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next?

  • Bitcoin's long-term holders have been offloading significant amounts of BTC in the past week.
  • This selling activity has contributed to the recent correction in Bitcoin's price, dropping below $70,000.
  • Long-term holders tend to reduce their holdings during price increases, which is seen as a contrarian indicator in the crypto market.
  • Despite the correction, technical analysis suggests that Bitcoin has maintained resilience and could reach new all-time highs in the long term.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app