Data suggest Bitcoin’s chance of dropping below $60,000 again is slim to none, thanks to longer-term investors holding more than 71% of the asset’s total supply.
Related posts:
Bitcoin falls as traders cut risk ahead of FOMC: Will TradFi, spot ETF volumes bolster $70K support?
Bitcoin market dominance moves above 61%: Will altcoins follow?
Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling
Bitcoin analysis sees ‘bear trap’ as BTC price passes two-week lows under $78K
