Reeder
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📢We are here with a corporate partnership.
Reeder, a technology & investment brand in Turkey, has stepped into the crypto sector.
It aims to bring digital advantages to the real world with the Reecoin brand.
There will be various events, airdrops and plenty of rewards in the coming period.
#ParrotBambooCrypto #ReeCoin #Reeder #Partnership
Reeder, a technology & investment brand in Turkey, has stepped into the crypto sector.
It aims to bring digital advantages to the real world with the Reecoin brand.
There will be various events, airdrops and plenty of rewards in the coming period.
#ParrotBambooCrypto #ReeCoin #Reeder #Partnership
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📢We are here with a corporate partnership.
Reeder, a technology & investment brand in Turkey, has stepped into the crypto sector.
It aims to bring digital advantages to the real world with the Reecoin brand.
There will be various events, airdrops and plenty of rewards in the coming period.
#ParrotBambooCrypto #ReeCoin #Reeder #Partnership
Reeder, a technology & investment brand in Turkey, has stepped into the crypto sector.
It aims to bring digital advantages to the real world with the Reecoin brand.
There will be various events, airdrops and plenty of rewards in the coming period.
#ParrotBambooCrypto #ReeCoin #Reeder #Partnership
Warning from the analyst: Watch out for Bitcoin (BTC) in the short term!
According to Onchain data, short-term investors have started to play a more important role in the course of Bitcoin (BTC).
Bitcoin investors can be classified as short-term holders (STH) and long-term holders (LTH). Long-term holders are associated with BTC addresses that have held Bitcoin for 155 days or more, while short-term holders are those who have held it for less than the time period specified above.
Bitcoin's recent price movements seem to be more dependent on short-term investors. CryptoQuant analyst Burak Kesmeci stated that STHs could panic sell if BTC falls below $ 61,600.
The analyst stated that the current average cost of short-term Bitcoin holders for 1-3 months and 3-6 months is $ 61,633 and $ 64,459, respectively. As seen in the chart, the price is currently stuck between this certain range and is waiting for a breakout. Kesmeci stated that if $64,500 is exceeded, the bulls may take over. He also said:
“If the average cost of 1-3 month $BTC investors is lost at 61.6 thousand, things will become even more difficult.”
A drop below $61,600 could lead to panic selling by short-term investors at a loss. Data from CryptoQuant shows that STHs are almost completely unprofitable. The STH Net Unrealized Profit/Loss Cohort (STH-NUPL) chart is just above 0, which means that most short-term holders are currently unprofitable.
#KIP #KIPprotocol #ReeCoin #Reeder
According to Onchain data, short-term investors have started to play a more important role in the course of Bitcoin (BTC).
Bitcoin investors can be classified as short-term holders (STH) and long-term holders (LTH). Long-term holders are associated with BTC addresses that have held Bitcoin for 155 days or more, while short-term holders are those who have held it for less than the time period specified above.
Bitcoin's recent price movements seem to be more dependent on short-term investors. CryptoQuant analyst Burak Kesmeci stated that STHs could panic sell if BTC falls below $ 61,600.
The analyst stated that the current average cost of short-term Bitcoin holders for 1-3 months and 3-6 months is $ 61,633 and $ 64,459, respectively. As seen in the chart, the price is currently stuck between this certain range and is waiting for a breakout. Kesmeci stated that if $64,500 is exceeded, the bulls may take over. He also said:
“If the average cost of 1-3 month $BTC investors is lost at 61.6 thousand, things will become even more difficult.”
A drop below $61,600 could lead to panic selling by short-term investors at a loss. Data from CryptoQuant shows that STHs are almost completely unprofitable. The STH Net Unrealized Profit/Loss Cohort (STH-NUPL) chart is just above 0, which means that most short-term holders are currently unprofitable.
#KIP #KIPprotocol #ReeCoin #Reeder