BTC price now has support above $40K as data shows Bitcoin ‘redistribution event’
Strong hands have now bought up practically all the supply from those who bought BTC at November’s all-time highs and since capitulated.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Strong hands have now bought up practically all the supply from those who bought BTC at November’s all-time highs and since capitulated.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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