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Bitcoin Supply Concentrates In Experienced Hands – LTHs Show No Signs Of Distribution

  • Bitcoin is trading just below its all-time high, showing signs of strength and stability, with analysts predicting further upside as momentum builds in the broader crypto market.
  • Long-Term Holders (LTHs) are accumulating Bitcoin, indicating deep conviction and reduced liquid supply in the market, reinforcing the bullish thesis for sustained rallies.
  • Short-Term Holders (STHs) are seen distributing their coins, potentially transferring from strong hands to weaker hands, a dynamic that could precede increased volatility.
  • Critical price levels for Bitcoin include maintaining support above $103,600-$105,000 zone to sustain the broader uptrend, with a potential breakout above $112,000 signaling entry into price discovery territory.

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