Chance of new Bitcoin lows ‘extremely slim’ as long-term holders’ supply tops 15M BTC
Data suggest Bitcoin’s chance of dropping below $60,000 again is slim to none, thanks to longer-term investors holding more than 71% of the asset’s total supply.
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Outspoken billionaire Mark Cuban is disappointed with Bitcoin's performance, and said he's parted ways with most of the BTC in his portfolio.
Read full articleData suggest Bitcoin’s chance of dropping below $60,000 again is slim to none, thanks to longer-term investors holding more than 71% of the asset’s total supply.
A crypto analyst is urging traders and investors to keep a close eye on a bearish Order Block (OB) level on the Bitcoin (BTC) price chart. According to the expert, this OB level sits within a critical zone near $90,000, which could determine BTC’s next directional move, with the cryptocurrency either continuing to the upside or experiencing a sharp rejection toward lower levels. With Bitcoin currently trading around $77,000, a positive reaction to this OB level could open the door for a fresh price rally. Bitcoin’s Bearish OB Level Signals Make Or Break Zone A TradingView crypto analyst known as ‘Fullpriceaction’ has shared a fresh Bitcoin analysis, predicting a bearish and bullish price outlook depending on how the leading cryptocurrency reacts to a critical level. The analyst described this area as a “bearish OB level,” which is a price zone where large institutional players such as hedge funds, market makers, and banks placed heavy sell orders before a significant price drop. Relat
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