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On-chain information exhibits Bitcoin long-term holders persevering with to ‘take in provide’ round $30K
Bear markets are usually marked by a capitulation occasion the place discouraged buyers lastly abandon their positions and asset costs both consolidate as inflows to the sector taper off or a bottoming course of begins.
In response to a latest report from Glassnode, hodlers at the moment are “the one ones left” and they look like “doubling down as costs appropriate under $30K.”
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