Bitcoin price weakness brought back the risk of cementing its 200-week exponential moving average trend line as new resistance.
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Bitcoin supply structure is undergoing a notable transformation as the Network Distribution Factor (NDF) declines rapidly. While price action often dominates headlines, shifts in distribution metrics can reveal structural changes. A falling NDF suggests that the balance of BTC holdings across different wallet cohorts is evolving, and potentially signaling a redistribution of market participants. What […]


