Bitcoin profit metric eyes 2-year lows in ‘complete reset:’ BTC analysis
Bitcoin long-term holders lost interest in selling at $90,000, new research showed, as profitability of their BTC supply dried up.
Bitcoin (BTC) has seen a “complete reset” of sell pressure after dropping below $90,000, says new research.
Key points:
Bitcoin long-term holders have reset their selling habits as BTC price action returns below $90,000.