search
Flushing
Trends
- 1Bitcoin tests long-term holder supply zone as leverage unwinds●Bitcoin tests long-term holder supply cluster as leverage clears, analysts say
Analysts say Bitcoin is testing a key supply cluster held by long-term holders as excess leverage continues to clear from the market. The price action near this zone is being watched closely, since heavy selling from long-term holders has historically marked turning points. Traders are assessing whether the market can absorb the supply or faces further downside pressure.