Bitcoin Supply Held By STH Hits Highest Level In 40 Months – Top Signal Or Trend Shift?

Quick Summary:

Bitcoin finds itself at a pivotal juncture as the market navigates uncertainty and growing doubt in the days ahead.

After reaching an all-time high (ATH), the price tumbled sharply to the $92,000 level, triggering a sentiment shift from extreme bullishness to cautious optimism.

The data from Maartunn points to the potential for continued bullish sentiment, but it is clear that Bitcoin’s future direction is not yet set in stone.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: BTCUSDT Bitcoin News Bitcoin price Bitcoin metric Bitcoin news Bitcoin supply Bitcoin Bitcoin analysis Bitcoin ATH Btc

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-22 @ 08:00:11 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 52 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24580534

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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