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$BTC
miners have sold 1,970 BTC in the past few days as Bitcoin rose above $60,000
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🐳 $BTC Giga Whales - August Results
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🐻 $BTC #CryptoQuant : Long-term holders are spending at lower profit margins. This is bearish. Long-term holder SOPR ribbons: most moving averages are trending downwards since late July. Buying signal would be when the moving averages start to trend upwards.
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📊🤔 $BTC #AliMartinez : The Short-Term Holder Realized Price helps gauge the behavior of recent Bitcoin buyers. It acts as resistance in downtrends because these holders are more likely to sell if the price falls below their entry point. Since June 22, BTC has struggled to break above this level, now at $63,250. Until BTC reclaims this area as support, there's a risk of continued selling pressure. Caution is advised.
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🤔 $BTC #CryptoQuant : For exactly one month, short-term holders (1 to 3 months) have been trading at a loss. In the current bull market, the metric has not fallen below 17%, the current figure is -8%. If it continues to decline, the number of people willing to sell coins at a loss could double.
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⛏ $BTC mining difficulty has increased by 3% since the last period of adjustment
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