Latest / Adler AM: Bitcoin Morning Brief
STHs are buying the dip like in February: seller pressure is easing
Buying pressure is once again outweighing selling pressure at the lows, repeating the February pattern, while price is holding near the Cost Basis of the freshest holders. The logic of this brief is simple: compressed selling pressure and price positioning in the lower part of the cohort range point to an accumulation zone.
The skinny
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