BitcoinLong
BTCUSD Sentiments
There has been such little selling that it almost makes it negligible. Long-term holders are already not selling as 10-year old supply just reached an ATH of 2.4 million BTC. And along with them, even the mid-term holders have stepped back when it comes to selling.
In fact, the buying trend is so strong that addresses with balance have reached a 4-month high, matching with May ATH levels. Thus, the wise thing to do right now is to buy Bitcoin ASAP.
The Relative Strength Index (RSI) is already in the bearish-neutral zone. This indicates that a price flip could be coming soon and buying now will result in strong profits later.
In fact, the buying trend is so strong that addresses with balance have reached a 4-month high, matching with May ATH levels. Thus, the wise thing to do right now is to buy Bitcoin ASAP.
The Relative Strength Index (RSI) is already in the bearish-neutral zone. This indicates that a price flip could be coming soon and buying now will result in strong profits later.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.