1 week ago
B Long-Term Holders Shift to Accumulation as $60K Support Faces Test
TLDR: Glassnode data shows Bitcoin long-term holders shifting from distribution to re-accumulation phase Bitcoin tests $60K support while RSI nears 15, signaling oversold momentum conditions now Price structure shows lower highs and potential double-bottom forming near key support zone Reduced liquid supply from long-term holders may strengthen price response if demand remains stable Bitcoin is [...]
The post B Long-Term Holders Shift to Accumulation as $60K Support Faces Test appeared first on Blockonomi.
Source: Blockonomi →Related News
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