Bitcoin’s $108,000 Barrier Holds Firm, Pressuring Short-Term Gains

Since the beginning of the year, Bitcoin’s price has been unable to revisit its $108,230 all-time high. This has reduced the profitability of the coin’s short-term holders (STHs), putting more downward pressure on its price. As demand leans further, BTC’s price could see new declines. Here is why. Bitcoin Short-Term Holders Count Their Losses In a new report, pseudonymous CryptoQuant analyst... source: https://beincrypto.com/bitcoin-ath-barrier-holds-firm/