Why Bitcoin’s short-term holders are crucial to determining the next rally
88.3% of BTC’s short-term holder supply was being held at an unrealized loss following last week’s decline in value. BTC’s price is at risk of further decline should short-term holders intensify coin distribution. Last week’s deleveraging event in the Bitcoin’s [BTC] futures markets caused the king coin to record its most significant single-day sell-off of …
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