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Why Bitcoin’s Rising HODL Cohorts Are a Bearish Signal This Time
Feb 24, 2026
< 1 min read
by Chayanika Deka
for CryptoPotato
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Bitcoin's price fell to $62,700, experiencing a 5% drop amid ongoing macroeconomic concerns. New data indicates BTC is in a defensive phase with capital leaving the network and aging supply, showing no signs of renewed accumulation.
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Bitcoin faced renewed sell pressure on Tuesday, briefly dragging the price down to $62,700 after a 5% decline, as macro concerns continued to weigh on investor sentiment.
New data suggest that BTC remains in a defensive phase as capital continues to exit the network and supply ages steadily without signs of renewed accumulation.
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