No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price -Breaking
[ad_1]
© Igor Faun
(BTC) investors are famous for their ability to “hodl” through price dips, but new data sheds light on how long they may be prepared to continue.
Glassnode, an on-chain analytics company, tweeted this tweet Jan. 16 NotedThe current behavior of Bitcoin holders is similar to that seen during its lowest price cycle.
Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts, buy/sell signal, and quotes. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]