Bitcoin 30 day currency destroyed see the sharp decline in market flexibility star-news.press/wp

While the growing declining pressure is still standing in the broader cryptocurrency market, Bitcoin Less than $ 115,000 price sign has decreased, which led to uncertainty again. After facing a period of fixed sales, the market is now witnessing a change, as shown from a decrease in the destroyed currencies.

Feeling from the main investors in Bitcoin

Bitcoin may have a declining procedure, but Darkfost, market and author expert, has set a noticeable shift in the feelings of BTC holders towards the main encryption assets. Expert subscriber Positive development in a post on the social media platform X.

In light of this negative price for the price, the expert on the series reported a change in the key BTC Coin Days Driding (CDD) metric. After a dramatic increase, the medium currency index witnessed a period of 30 days that were destroyed by a sharp decrease.

When assessing the sale pressure, especially from long -term holders, the BTC CDD scale is a useful tool. This decrease in activity often indicates more condemnation between this BTC InvestorsWho seems to be more likely to keep their investments instead of cash.

Moreover, this indicator only determines the number of days when Bitcoin was kept before being transferred. According to the expert in the series, the majority of time is transferred, as the older BTC is transferred for sale.

With a fewer number of old coins that are transported or sold, it appears that the market is moving towards a more flexible stage where the short -term volatility is less likely to wear faith Long -term holders. This behavior is often explained as an indication of the maturity of the market.

The expert data shows that CDD for a period of 30 days reached a peak at 1.35 million BTC on July 23, which is the highest level in this course. Even if it is a lot of Old btc It has been sold recently, the price of Cryptocurrency King has held out. However, throughout August, this sale pressure decreased and continues to decrease.

BTC is a huge sleeper if moved

accident a report From Maartuun, Market Observer and Analyst, I shed more light Sleeping btc. The analyst’s report focuses on the series only on the movement of the 3 -year -old metal currencies.

This procedure often leads to speculation about the purpose of this step, whether it is linked to institutional reinstalization, the disbursement of long -term holdings, or the preparation of market fluctuations. This important transformation shows sensitive but strong dynamics from the balance of supply and demand for bitcoin.

After examining the age ranges spent by Bitcoin, Maartuun revealed Big step From 31,967 BTC between the regiment. According to market monitoring, this is the biggest step in this age group last year. It should be noted that similar movements have historically indicated significant shift points in prices, sometimes peak and at other times the bottom.

Distinctive photo of Pixabay, Chart from TradingView.com

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