Bitcoin Long-Term Holders Add 339K BTC Since April 4 – Steady Accumulation Signals Conviction

Description

Bitcoin is trading above the key psychological level of $100,000, but the bullish momentum that drove prices higher in recent weeks has cooled as BTC fails to reclaim resistance near $105,000. After a sharp rally that saw Bitcoin surge more than 40% from its April 9th low, price action is now consolidating and testing demand. While bulls remain in control above the $100K mark, growing signs of uncertainty have led some analysts to warn of a potential breakdown if $100K fails to hold. Despite the...