Bitcoin remains under pressure from long-term sellers
But there is good news: according to the Glassnode chart, if their pressure decreases by another 0.1%, we will get a yellow bar, which is quite rare in the history of BTC, which means going below the pressure zone
The peak sell-offs in this cycle occurred at the levels of $500,000 and $97,000
Thus, the $BTC -ship may soon leave the bear cove to the open sea.