🚀 BTC News: 75% of short-term holders have profited thanks to the recent price increase! 📈
- According to Glassnode's report on July 24, 75% of short-term holders (STH) of Bitcoin have made a profit.
- This price increase has brought STH-MVRV past the breakeven level of 1.0.
- BTC holds above key support at $65,000 despite $3.9 billion in futures contracts expiring.
- Rekt Capital analyst: "BTC has confirmed $65,000 as support, price will fluctuate in the $65,000-$71,500 zone."
- BTC faces strong resistance at $68,000, which if overcome, could liquidate nearly $700 million in short positions.
- Bitcoin ETF inflows in the US are slowing down, reaching $31.1 million on July 25.
What do you think about the future of BTC? Comment now! 💬