Bitcoin Long Term Holders Are Selling, But A Bottom May Be Near

Bitcoin long term holders are finally starting to sell their coins. This shift in behavior usually happens during important phases of a market cycle as older investors lock in profits or adjust their portfolios.

Even though market sentiment remains cautious and many traders feel worried, on chain indicators tell a different story. These metrics continue to strengthen behind the scenes, hinting that strong hands are absorbing the selling pressure.

Traders should watch exchange inflows and holding patterns over the next few weeks. If on chain health keeps improving while old coins move, the market could soon find a solid price floor.