Bitcoin (BTC) in HODL mode! Clear Signals of Accumulation in the Market.
A fundamental analysis that sheds light on the increasing strength and sustained confidence in bitcoin. By observing critical on-chain metrics, the fact that it is reaching its highest in two years is a very significant signal in the market.
What Does This Imply?
Many investors are holding BTC to keep it long-term, showing a strong conviction in its future value.
And as a consequence, we have less bitcoin available in the exchanges, meaning a scarcer supply for buyers.
Could a sustained bullish pressure be generated?
With the price of bitcoin, if demand remains steady. The market is preparing for scarcity.
SI
NO
19 hr(s) left
