Markets· ★★★· neutral·

Bitcoin Accumulates Gains, but Short-Term Holders Are the Weak Link

  • —Profit-taking by bitcoin holders remains subdued
  • —Short-term holders are selling coins at a loss
  • —Bitcoin ETF inflows offset selling pressure
Why it matters: If short-term holders keep selling at a loss, ETF demand will remain the key support for the price.
Source: CriptoNoticias