When comparing the cyclical price performance of $BTC since the bear market bottom, an uncanny similarity emerges across all three previous cycles, with one trading in a nearly identical position.
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A large amount of BTC purchased near the $73k ATH has been held for more than 155 days, leading to an increase in the amount of BTC held at a loss by Long-Term Holders.
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However, the size of the unrealized losses held by these investors remains small, suggesting negligible financial pressure on their portfolios.
