Bitcoin HODL – DIGIT INFO

Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days

DIGIT — Wed, 14 Aug 2024 03:28:42 +0000

The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst.

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Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K

DIGIT — Thu, 12 Aug 2021 15:17:42 +0000

An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again.

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Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar

DIGIT — Tue, 10 Aug 2021 10:17:02 +0000

The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space.

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No, Bitcoin isn’t entering a 2018-like bear cycle, new data suggests as BTC targets $45K

DIGIT — Mon, 09 Aug 2021 10:18:54 +0000

Even as Bitcoin trades almost 35% below its previous record high of about $65,000, long-term investors have not contributed actively to its decline.

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