🚨BREAKING: Bitcoin Price Correction Coming?

New data suggests that Bitcoin long-term holders (LTHs) are reducing their exposure while short-term holders (STHs) are increasing their positions, potentially signaling incoming volatility for BTC price.

- $$ 6B Drop in LTH Exposure: Data from CryptoQuant reveals a sharp $$ 6B drop in Bitcoin’s realized limit for long-term holders. This indicates that experienced BTC holders are likely taking profits as Bitcoin approaches key levels, entering a risk-aversion mode.

- STHs Taking More Risk: Conversely, short-term holders are becoming more confident, with the realized limit for STHs increasing by $$ 6B. This suggests that new market participants are entering aggressively, either betting on a bullish breakout or capitalizing on market momentum.

- Realized Price Interaction: An important level to watch is Bitcoin’s realized price for coins moved between 1 day and 1 week ago, which sits around $$ 62.080 — nearly identical to Bitcoin’s current spot price. Multiple interactions between the spot price and this level could imply that momentum is weakening as Bitcoin struggles to hold above.

Price Correction on the Horizon? These price rejections around the realized price suggest potential short-term corrections, signaling possible selling pressure as Bitcoin holders take profits while speculators squeeze the market. With speculators gaining momentum but long-term holders becoming more cautious, the market could be facing a shift in momentum.

Will Bitcoin Rally or FALL?

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