✴️#BTC☀ #bitcoin #crypto Last Friday, short-term holders b | NaikoN999 on Binance Square

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✴️#BTC☀  #bitcoin #crypto Last Friday, short-term holders began selling $BTC "at a loss" - Glassnode data.

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✴️#BTC☀ #Bitcoin❗ #CryptoNewss Long-term holders have sold more than 1,000,000 $BTC since October, according to Glassnode. —————— CryptoQuant experts previously noted that, according to history, such strong selling may already be close to exhaustion. Major players from the crypto industry also note that there is very strong demand for $BTC from institutions and corporations in this cycle.

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#btc #Bitcoin #crypto 🩸 Investors are afraid of a fall like never before! The cryptocurrency market is currently experiencing its biggest drop of 2024, causing record fear, uncertainty, and doubt among traders. Many are afraid of a further collapse in prices. The crypto market fell amid the Fed's statements about continuing the fight against inflation, disappointing investors who expected a quick rate cut. The fall could also be due to profit-taking before the end of the year, especially after BTC has grown by more than 125% in a year. Next week, selling pressure is likely to ease due to the lack of significant macroeconomic events, and Christmas week is traditionally considered positive for cryptocurrencies.

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⚠️✴️#BTC #crypto #Bitcoin❗️ Experts, citing Glassnode data, note that a very strong support level in $BTC is in the range of $98,000 - 95,000 (a lot of $ was traded there). A breakout of this range and consolidation of $BTC below it, in the absence of sudden strong bullish drivers, can lead to a quick and sharp fall (through the vacuum zone) immediately to $70,000.

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