The Story
News Summary
- Glassnode highlights that Bitcoin short-term holders' profitability below 50% suppresses demand.
- A flip above this threshold has historically preceded strong rallies, suggesting a potential sustained BTC price recovery as the price nears $72,000.
Explore BTCUSD price history & advisor snapshot
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Stored market data
BTCUSD price history
76890.94
+14.77% over the displayed period
Advisor Snapshot
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