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Bitcoin profit metric eyes 2-year lows in 'complete reset:' BTC analysis

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 18 Views

Bitcoin long-term holders lost interest in selling at $90,000, new research showed, as profitability of their BTC supply dried up.

Bitcoin (BTC) has seen a “complete reset” of sell pressure after dropping below $90,000, says new research.

Key points:

Bitcoin long-term holders have reset their selling habits as BTC price action returns below $90,000.

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