Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

Bitcoin short-term holders are in red | Source: @glassnode via X

Bitcoin is down at press time, wiping the weekend’s features and inching nearer to $60,000. If bears press on, rising their shorts, the percentages of the coin sliding under the psychological quantity and $56,800 stay excessive. Glassnode: STHs Are In Purple Because the world’s most beneficial coin finds itself at a crucial juncture, quick approaching … Read more