Long -term Bitcoin holders “benefit quietly” with a decrease to 109 thousand dollars

Bitcoin markets recently witnessed two main events in the liquidation, causing a series of forced sale of excess merchants, but analysts say a distinctive style.

“Traders were removed in the short term, and their long -term holders were quietly benefiting from reset He said On May 26.

They pointed out that the first flow of Bitcoin (BTC) decreased to less than $ 111,000, and more than $ 97 million was filtered in long positions. With the outbreak of $ 109,000, another $ 88 million of Longs was eliminated in the second wave.

However, the short -term traders faced margin calls and forced sale, long -term LTH bearers responded differently and increased their accumulation.

This caused a long term Right To rise 28 billion dollars, an unprecedented level since April. CAP investigator is a measure of the value of all bitcoin currencies based on the last time it was transferred, instead of the current market price.

Omar Taha indicated that in the long term investors use this period of forced sale to increase their exposure and accumulate more bitcoin in the long run. “This strategic accumulation within moments of market stress reflects the deep condemnation of LTHS.”

“Instead of getting rid of fluctuations in the short term, they are [LTH] Watch these liquidation -based declines as major opportunities to enhance their positions, which enhances the basis for future prices. “

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At the same time, the encrypted analyst Ibrahim Kusar It was identified Double bottom Forming the graphHe said that the reflection signal indicating “the declining pressure weakens and the buyers began to restore control.”

“If this area is support, the levels exceeding $ 112,000 are at hand,” foretold.

Bitcoin decreased less than $ 109,000

Bitcoin is trading slightly less than $ 108,700 on Coinbase at the time of writing this report, and spread a slight recovery from the wick to $ 107,550, According to To TradingView.

However, it fell from the highest level on Monday, May 26, at a value of $ 110,000, after that Resist Twice at this level.

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