Long-term holder supply has surged by more than 2 million coins to 16.3 million BTC during the current bear market.
Despite projections indicating that Bitcoin could reach $100,000, several analysts have shared warning signals.
Bitcoin was the first asset to price the Iran war because it was the only liquid market open when U.S. and Israel first launched their attack on a Saturday, a few weeks ago. It dropped 8.5% that day.
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