Why Bitcoin Needs More Than Just LTHs Starting to Buy for a Real Rally
- Bitcoin long-term holders resume net accumulation after six months of selling pressure.
- BTC price jumps 12% to $83,615 since early April amid rising investor confidence.
- Realized cap exceeds $18B; bullish confirmation depends on sustained accumulation.
Bitcoin’s long-term holders (LTHs) started buying again after a long stretch of selling that started late October 2024. The LTH Net Position Change reading (30-day total) turned positive April 6, 2025—the first time in six months.
This points to a change in feeling among these holders and could set the stage for a market upturn. This change follows a large price drop where Bitcoin fell almost 32% from its November highs.
How LTH Selling Stopped as Bitcoin Price Climbed Back Above $80k
During the earlier selling period, deep red bars on the LTH metric reflected sustained sell-offs, culminating in a historic low of -827,750 BTC in early December.
The distribution was largely blamed for dragging BTC down to sub-$75K levels. However, recent price action tells a different story. Since the beginning of this renewed accumulation, Bitcoin has rebounded by 12%, currently trading near $83,615.
The post Why Bitcoin Needs More Than Just LTHs Starting to Buy for a Real Rally appeared first on Coin Edition.
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Why Bitcoin Breaking $85,000 Right Now Looks So Familiar to Analysts
Why Bitcoin Needs More Than Just LTHs Starting to Buy for a Real Rally
- Bitcoin long-term holders resume net accumulation after six months of selling pressure.
- BTC price jumps 12% to $83,615 since early April amid rising investor confidence.
- Realized cap exceeds $18B; bullish confirmation depends on sustained accumulation.
Bitcoin’s long-term holders (LTHs) started buying again after a long stretch of selling that started late October 2024. The LTH Net Position Change reading (30-day total) turned positive April 6, 2025—the first time in six months.
This points to a change in feeling among these holders and could set the stage for a market upturn. This change follows a large price drop where Bitcoin fell almost 32% from its November highs.
How LTH Selling Stopped as Bitcoin Price Climbed Back Above $80k
During the earlier selling period, deep red bars on the LTH metric reflected sustained sell-offs, culminating in a historic low of -827,750 BTC in early December.
The distribution was largely blamed for dragging BTC down to sub-$75K levels. However, recent price action tells a different story. Since the beginning of this renewed accumulation, Bitcoin has rebounded by 12%, currently trading near $83,615.
The post Why Bitcoin Needs More Than Just LTHs Starting to Buy for a Real Rally appeared first on Coin Edition.
Read More