Bitcoin's Long-Term Holders Signal Market Maturity Amidst Downtrend đ
Recent #Bitcoin trends show Long-Term Holders (LTHs) have significantly slowed their profit-taking post the March ATH, with the supply from the peak run maturing into LTH status. đ°ïž This shift typically marks a transition phase towards a #bear market, as historically, an increase in LTH supply like this heralds quieter market periods. đ
Despite the slowdown in spending, the patience of LTHs suggests a belief in #BTC long-term value, potentially setting the stage for a resilient market base.
