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Image Credit: Bitcoinist

New Investors Hold 50% Of Bitcoin Wealth – Data Shows Strong Demand Absorbing Sell-Side Pressure

  • Data from Glassnode shows that new investors now hold 49.6% of Bitcoin's wealth.
  • This influx of new participants absorbing sell-side pressure could be crucial for Bitcoin's price movement.
  • Bitcoin remains strong, holding above critical demand levels despite market volatility.
  • BTC's next moves will depend on whether new investors can push the price towards $100,000.

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