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06/20 03:17

Bitcoin ‘weak hands’ sell 15K BTC at a loss: Are B

Bitcoin ‘weak hands’ sell 15K BTC at a loss: Are BTC lows under $100K next?

This week, 15,000 Bitcoin were moved at a loss by short-term holders, raising the chance for a BTC price dip under $100,000.01978898-703f-7aad-8133-924c13cd9f41.jpeg

  • Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week.

  • Onchain data suggests a Bitcoin price bottom in the $97,000–$94,000 zone.

Bitcoin 

BTC
$104,567
 is experiencing a relatively subdued week, as armed conflict between Israel and Iran and uncertainty ahead of the FOMC led investors and traders to stay sidelined. Despite the quiet markets, onchain data from CryptoQuant revealed a notable development, which saw over 15,000 BTC held by short-term holders (STHs) move at a loss this week.

#Federal Reserve FOMC meeting#Share Your Thoughts on Popular Assets in June#Do you think ESX is promising?# Israel’s attack on Iran.#US May CPI data
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