Key highlights: Bitcoin’s 30-day active-address EMA fell to 609,688, approaching levels seen during the 2018-19 bear market Both the 30-day and 100-day activity averages have recovered from their July lows, while BTC remains above its $58,535 June low Bitcoin now faces a major supply zone between $65K and $67K, while declining Long-Term Holder balances continue […]
Tag: LTH
By Chayanika Deka Bitcoin’s (BTC) struggle in 2025 was real. Despite an almost epic bull run, the October crash exposed the fragility of the rally. Even as the current market sentiment remains bearish, new data suggest that BTC rarely stays negative after the New Year, even following weak year-end transitions like those seen in 2022. […]
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. […]