Bitcoin long-term holders offload 400K BTC: How low can BTC price go?
Selling by long-term Bitcoin holders, capitulation by short-term holders and a weakening technical structure could fuel BTC’s price drop to $72K.
Key takeaways:
Long-term Bitcoin holders sold 400,000 BTC over the past 30 days.
Short-term Bitcoin holders panic-sell $3 billion in BTC at a loss.