NEW: Bitcoin’s Shallow Correction Kept Long-Term Holders in Profit
According to Glassnode, Bitcoin’s relatively shallow correction this cycle has allowed long-term holders to remain in profit, avoiding the deeper drawdowns typically seen during major market resets.
The data suggests that despite the recent volatility, the broader long-term holder cohort has maintained a stronger position compared with previous cycle corrections.
$BTC #BTC Price Analysis# #Macro Insights# #Crypto
According to Glassnode, Bitcoin’s relatively shallow correction this cycle has allowed long-term holders to remain in profit, avoiding the deeper drawdowns typically seen during major market resets.
The data suggests that despite the recent volatility, the broader long-term holder cohort has maintained a stronger position compared with previous cycle corrections.
$BTC #BTC Price Analysis# #Macro Insights# #Crypto
