Bitcoin long-term holder behavior shift signals 'unique market dynamic' — Research

Bitcoin’s corrective phase set a four-month low at $76,600 on March 11. Despite this decline, long-term holders have continued to hold large amounts of BTC, suggesting a “unique market dynamic moving forward,” new research says. “Long-Term Holder activity remains largely subdued, with a notable decline in their sell-side pressure,” Glassnode said in a March 18 markets report. Long-term holders show signs of bullishness Bitcoin’s recovery comes as selling pressure among Long-Term Holders (LTHs) — wallets that have held Bitcoin for at least 155 days — begins to wane source: https://cointelegraph.com/news/bitcoin-unique-market-dynamic-long-term-holders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound