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Bitcoin long-term holders offload 241,000 BTC: Is sub-$100K BTC next?

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4 months ago 4 months ago

Bitcoin long-term holders offload 241,000 BTC: Is sub-$100K BTC next?


Nancy Lubale
by Nancy Lubale 4 months ago4 months ago
Bitcoin long-term holders offload 241,000 BTC: Is sub-0K BTC next?


Selling by Bitcoin long-term holders, reduced buying by Treasury Companies and a weakening technical structure could push BTC’s price toward $95K.

Key takeaways:

Long-term Bitcoin holders sold 241,000 BTC over the past 30 days.

BTC price bear flag targets $95,500. 

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