Bitcoin's Latest Pump is Thanks to Retail's Dump

đŸĨŗ Bitcoin has roared back to a 2-month high of $97.5K. Over the past 3 days, there is a net drop of -47,244 holders, indicating that retail had been dropping o

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đŸĨŗ Bitcoin has roared back to a 2-month high of 97.5K.Overthepast3days,thereisanetdropof−47,244holders,indicatingthatretailhadbeendroppingoutduetounnecessaryFUD.Thispricebouncehasalsobeensupportedbya7−monthlow1.18M97.5K. Over the past 3 days, there is a net drop of -47,244 holders, indicating that retail had been dropping out due to unnecessary FUD. This price bounce has also been supported by a 7-month low 1.18M BTC on exchanges. 👍

🔗 When non-empty wallets drop, it's a sign that the crowd is dropping out (a good sign). Similarly, less supply on exchanges decreases the risk of a selloff. Keep track here to watch whether this bullish trend continues, and check other coins as well.


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Bitcoin's Latest Pump is Thanks to Retail's Dump