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via Cointelegraph · By Cointelegraph Staff

Bitcoin Holder Accumulation Surged As Metrics Fell To Record Lows

BTC

BTC/USDT

$63,583.17
+1.04%
24h Volume

$12,028,438,197.28

24h H/L

$63,666.00 / $62,316.44

Change: $1,349.56 (2.17%)

Long/Short
65.8%
Long: 65.8%Short: 34.2%
Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,310.00

0.56%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$66,503.51
Resistance 1$64,162.43
Price$63,310.00
Support 1$61,873.65
Support 2$59,130.91
Support 3$52,679.32
Pivot (PP):$63,015.24
Trend:Downtrend
RSI (14):36.4
CS
Cointelegraph Staff
(06:11 PM UTC)
1 min read
DK
Updated byDavid Kim
780 views
0 comments

Bitcoin's (BTC) lowest-ever readings on the daily and two-week relative strength index (RSI) are coinciding with steady accumulation across several investor cohorts, strengthening what one analyst called the "best thesis" for buying BTC. 

Onchain data shows wallets holding 1,000–10,000 BTC added more than 53,000 BTC over the past 60 days, while smaller retail investors also increased their…

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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Cointelegraph Staff · Cointelegraph

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