Bitcoin: Supply dynamics and market behavior
The dynamics between Long-Term and Short-Term Holders play a pivotal role in shaping Bitcoin’s price trends. Spikes in STH supply are often linked to market tops, contributing to heightened volatility.
The recent neutral stance of the STH SOPR pointed to selling pressure at breakeven levels – Contributing to investor hesitancy. Resistance around the $85k–$99k range further suggested that consolidation or cautious accumulation may be likely, with potential for greater short-term volatility.
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