Bitcoin Holders’ Sentiment Shift Signals Early Re-Accumulation Phase
Recent analysis shows a growing divide in Bitcoin holder sentiment, with long-term holders resuming accumulation while short-term holders sell their positions. This trend signals an early re-accumulation phase, supported by increasing investor demand reflected in positive market indicators like the Chaikin Money Flow. BTC currently trades above key support levels, with potential for further price increases or retests of prior support if profit-taking resumes.
As the cryptocurrency market begins to recover from recent lows, significant behavioural shifts among Bitcoin (BTC) holders are becoming evident. On-chain data highlights that long-term holders (LTHs) are now resuming their net accumulation for the first time since the last local peak, while short-term holders (STHs) seem to be exiting the market through sales.
Post Comment