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via CoinDesk · By CoinDesk Staff

Bitcoin analysis: BTC long-term holder supply rises by more than 2 million coins

BTC

BTC/USDT

$62,990.01

-1.75%

$62,990.01

-1.75%

(24s)

24h Volume

$18,224,001,539.71

24h H/L

$64,275.38 / $61,938.00

Change: $2,337.38 (3.77%)

Long/Short

68.3%

Long: 68.3%Short: 31.7%

Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,836.00

▲ 0.16%

Volume (24h): -

Resistance Levels

Resistance 3$65,584.14

Resistance 2$64,241.09

Resistance 1$62,998.21

Price$62,836.00

Support 1$61,886.44

Support 2$60,560.52

Support 3$59,130.91

Pivot (PP):$62,832.25

Trend:Downtrend

RSI (14):37.8

CoinDesk Staff

(01:23 PM UTC)

1 min read

Approved bySarah Chen

1116 views

0 comments

Bitcoin's long-term holder supply approaches record high, breaking multi-year downtrend

Long-term holder supply has surged by more than 2 million coins to 16.3 million BTC during the current bear market.

Bitcoin's long-term holder (LTH) supply is approaching all-time highs. Currently, 16.3 million BTC is held by this cohort, defined as investors who have held bitcoin for at least 155 days.

LTH…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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