Bitcoin Long Term Holder Net Position Change News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bitcoin Selling Pressure is Declining, Hints Key Glassnode Indicator
Even as the bitcoin market shows signs of bullish exhaustion after logging a 1,500-percent-plus upside move in the previous 13 months, all is not lost. Investors with a long-term growth outlook still want to hold onto the flagship digital asset, iterating their expansive bullish stance on it.
The analogy appears out of a chart from Glassnode, a blockchain analytics firm that determines Bitcoin’s market bias based on on-chain indicators. One of its benchmark offerings is a tracking tool that studies Bitcoin wallets based on their net position holdings. In retrospect, the lesser the wallet owners spend their bitcoin, the higher their bullish bias is. ....

Lex Moskovski , Exchange Commission , Morgan Stanley , Goldman Sachs , Moskovski Capital , Bitcoin Long Term Holder Net Position Change , Long Term Holder Net Position , New York Mellon , Wall Street , பரிமாற்றம் தரகு , மோர்கன் ஸ்டான்லி , கோல்ட்மேன் சாக்ஸ் , புதியது யார்க் மெலந் , சுவர் தெரு ,