Bitcoin Faces Downward Pressure As Short-Term Holders Remain Underwater

Bitcoin Faces Downward Pressure As Short-Term Holders Remain Underwater

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Source: TheMerkle.com

The Bitcoin market has continued to face downward pressure over the past few months, despite the fact that the average Bitcoin investor is still in profit.

However, short-term holders remain significantly underwater on their investments, posing a potential risk to the market in the near term.

The #Bitcoin market continues to experience downwards pressure over recent months, despite the average Bitcoin investor remaining profitable overall.

However, the Short-Term Holder cohort remains

Read More https://themerkle.com/bitcoin-faces-downward-pressure-as-short-term-holders-remain-underwater/

The post "Bitcoin Faces Downward Pressure As Short-Term Holders Remain Underwater" appeared first here TheMerkle.com.

Source: TheMerkle.com

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