By Martin Young Bitcoin prices have tapped $117,000 twice over the past couple of hours as the asset reached its highest level since August 23, almost four weeks ago. BTC gained 1.5% on the day, and almost 5% on the week, but had retreated slightly to $116,600 at the time of writing on Wednesday morning […]
Tag: BTC
By Chayanika Deka Bitcoin long-term holders (LTHs) are now distributing BTC back into the market for the third time in the current cycle. Their current behavior could define the trajectory of the ongoing cycle. Repeat 2021-Style Cycle Top? In the 2021 cycle, long-term holders began their main distribution phase between November 2020 and March 2021. […]
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