Bitcoin is facing substantial pressures as it dips below critical cost-basis metrics, leading to an observable market shift. The downturn is influenced by long-term holders opting to sell off their stakes after capitalizing on previous valuation peaks, thus adding complexity to the market dynamics.
Continue Reading:Bitcoin’s Descent Signals Strategic Market Shifts
Source: https://en.bitcoinhaber.net/bitcoins-descent-signals-strategic-market-shifts
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