hsim on Nostr: Historically, Bitcoin finds a price bottom when sellers have been exhausted, forging ...
Historically, Bitcoin finds a price bottom when sellers have been exhausted, forging the latest wave of long-term holders, it said.
Glassnode concluded that these metrics paint a relatively constructive view of Bitcoin holder conviction. “Most are simply not interested in spending their coins just yet.”
Bitcoin Dormant Supply Increases as ‘Hodlers’ Refuse to Sell.
Study #Bitcoin
https://beincrypto.com/bitcoin-dormant-supply-increases-hodlers-refuse-sell/
Published at
2023-05-23 10:19:17Event JSON
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"content": "Historically, Bitcoin finds a price bottom when sellers have been exhausted, forging the latest wave of long-term holders, it said.\n\nGlassnode concluded that these metrics paint a relatively constructive view of Bitcoin holder conviction. “Most are simply not interested in spending their coins just yet.” nostr:note1mxzdw9ulcrmtq0tcv0re2730gj0ej5dlvvxc5epkd428txuyclfs6zzmcj",
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