BTC likely to fall further despite long-term holders buying back, with naysayers saying it still has room to go higher

Despite long-term holders increasing their holdings at a rapid pace, several on-chain indicators are pointing to further declines, a market-savvy analyst reported. According to the report, the BTC P&L is hovering near the 365-day moving average (MA) and a break below the MA could lead to a...

by spotedcrypto

Jul 11, 2024

1 min read