🚀#Bitcoinis giving "new investors" a headache, just like before the 2020 peak!
🔍 According to CryptoQuant, the trend of short-term holders is similar to mid-2019.
📉 BTC buyers in the past 6 months are either holding or selling at a loss after half a year of sideways price action.
📊 The UTXO chart shows new investment similar to 2019, when BTC/USD hit a local peak before surpassing the old peak after nearly 500 days.
💡 New investors are crucial for BTC's price increase. Despite the bullish long-term trend, the short-term market needs to be closely monitored.
💬 What do you think about the future of BTC? Share your opinion!#Crypto#Blockchain#Finance#Tech