Bitcoin
More than $100,000 of consolidation has been consolidated since early May. On June 22, the price dropped to the only time below $100,000, the weekend when tensions escalate In Iran and us
However, because trading volumes are usually low over the weekend, price action is often lower during these periods, as crypto is the only industry that keeps trading.
Although discussions are underway Listed companies Investors buy Bitcoin globally, and in addition to the availability of exchange-traded funds, investors still wonder why Bitcoin has not yet brought its all-time high above $112,000.
On-chain data, especially supply failures recovered by age by age The level of Bitcoin selling rises By investors who have held coins for at least 3 years, in some cases for more than 10 years.
Analyst Checkmate provided this data and commented: “Look at all these suppressed prices for market robots that bought coins 3 years ago and absolutely won’t sell profits in a bull market…a lot of paper.”
This means that every buyer has a seller, and in a bull market, the higher the price climbs, the more likely the market is to find a seller willing to unload its holdings.
Inspectors further add“Always chopped to the side. Suppression == boring.” Since Bitcoin has been solidified for some time, it is usually where the narrative of market suppression gains appeal. However, data suggests that ongoing sales pressure continues rather than intentional suppression.
