$BTC LONG-TERM HOLDER SELLING PRESSURE HITS A TWO-YEAR LOW ⚡
The 90-day average of Bitcoin spent by veteran investors has dropped to 962 coins, marking the first time this metric has dipped below the 1,000 threshold since late 2024. This exhaustion in supply from long-term holders removes a primary headwind that previously suppressed price action following the move above 100,000.
Coupled with narrowing net outflows from spot ETFs, the market is showing signs of structural stabilization at the 63,000 level. Do you view this supply contraction as the necessary catalyst for a trend reversal?
Not financial advice. Always manage your risk.
#BTC #MarketStructure #Bitcoin #SupplyAnalysis #Crypto
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The 90-day average of Bitcoin spent by veteran investors has dropped to 962 coins, marking the first time this metric has dipped below the 1,000 threshold since late 2024. This exhaustion in supply from long-term holders removes a primary headwind that previously suppressed price action following the move above 100,000.
Coupled with narrowing net outflows from spot ETFs, the market is showing signs of structural stabilization at the 63,000 level. Do you view this supply contraction as the necessary catalyst for a trend reversal?
Not financial advice. Always manage your risk.
#BTC #MarketStructure #Bitcoin #SupplyAnalysis #Crypto
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