hsim on Nostr: Historically, Bitcoin finds a price bottom when sellers have been exhausted, forging ...

Historically, Bitcoin finds a price bottom when sellers have been exhausted, forging the latest wave of long-term holders, it said.

Glassnode concluded that these metrics paint a relatively constructive view of Bitcoin holder conviction. “Most are simply not interested in spending their coins just yet.”

quoting note1mxz…zmcj

Bitcoin Dormant Supply Increases as ‘Hodlers’ Refuse to Sell.

Study #Bitcoin

https://beincrypto.com/bitcoin-dormant-supply-increases-hodlers-refuse-sell/