Bitcoin BTC $111,228.49 long-term holders (LTHs) have already realized more profit in this cycle than in all but one previous cycle (2016 to 2017), according to data from on-chain analytics platform Glassnode.

This underscores elevated sell-side pressure and, when combined with other signals, suggests the market has entered the late phase of the cycle”.

STORY CONTINUES BELOW Go to Source to See Full Article
Author: James Van Straten

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:
Donate via Installed Wallet
[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:
[X] Click Here to Hide Donation Details

Coindesk

Coindesk

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Related Posts ...

Comments are disabled.