🪙 Long-term Bitcoin holders continue to replenish their holdings.
🔸 According to the CoinDesk Bitcoin Trend Indicator (BTI), the asset is in the middle of a significant upward trend.
🔸 The 30-day change in Bitcoin supply among long-term holders has been trending upwards since March 31st.
🔸 As these investors are often less inclined to spend their old coins, the increase in the indicator reflects dormant supply as well as bullish sentiments.
#bitcoin #longtermholders #CoinDesk #BTI #trend #investors
🔸 According to the CoinDesk Bitcoin Trend Indicator (BTI), the asset is in the middle of a significant upward trend.
🔸 The 30-day change in Bitcoin supply among long-term holders has been trending upwards since March 31st.
🔸 As these investors are often less inclined to spend their old coins, the increase in the indicator reflects dormant supply as well as bullish sentiments.
#bitcoin #longtermholders #CoinDesk #BTI #trend #investors