<ul><li>Confident holders hold a substantial portion of the Bitcoin supply, indicating a strong belief in Bitcoin's long-term value.</li><li>The recent dip in Bitcoin price is seen as a healthy market reaction to the aggressive surge following the Federal Reserve's interest rate cut.</li><li>The Unspent Transaction Output (UTXO) supply in loss approaching 20% suggests a significant portion of Bitcoin's supply is held by confident holders.</li><li>Bitcoin's price stability above the 4-hour 200 exponential moving average (EMA) and resistance levels will determine its future bullish momentum or potential correction.</li></ul>

Bitcoin Supply ‘Is Held By Confident Holders’ – Metrics Hint At Bullish Outlook

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