thomasfullerofficial

BTCUSD Sentiments

Long
COINBASE:BTCUSD   Bitcoin
There has been such little selling that it almost makes it negligible. Long-term holders are already not selling as 10-year old supply just reached an ATH of 2.4 million BTC. And along with them, even the mid-term holders have stepped back when it comes to selling.

In fact, the buying trend is so strong that addresses with balance have reached a 4-month high, matching with May ATH levels. Thus, the wise thing to do right now is to buy Bitcoin ASAP.

The Relative Strength Index (RSI) is already in the bearish-neutral zone. This indicates that a price flip could be coming soon and buying now will result in strong profits later.

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