Bitcoin: Long-Term Holder Flows Dwarf Issuance Since 2020
Bitcoin long-term holder exchange deposits have exceeded daily issuance since 2020 and rose further after ETF launches, outpacing MSTR buying claims.
SourceAnalysis
Bitcoin long-term holder transfers to exchanges have dwarfed daily issuance since 2020, with volumes climbing after ETF launches according to @TXMCtrades.
Price sits at $62429.5 inside the Bollinger Bands on the 4h chart, testing upper resistance at $64451.84 while the 50-EMA at $64789.06 and 200-EMA at $71912.38 act as layered resistance; RSI at 44.23 keeps momentum neutral and the MACD golden cross supports continuation only after any retracement to the lower band support near $60347.56.
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@TXMCtradesKnowledge-seeking philomath and unconventional Bitcoin thinker driven by intellectual curiosity and personal growth.