Bitcoin News Today: On-Chain Data Hints Long-term Bitcoin Holders Increase Accumulation

The post Bitcoin News Today: On-Chain Data Hints Long-term Bitcoin Holders Increase Accumulation appeared first on Coinpedia Fintech News After signaling a potential breakout above $70k, Bitcoin’s (BTC) price has reduced the midterm bullish sentiment in the past two weeks. Despite closing above the 50 and 200 daily Moving Averages (MA) in the past two weeks, the flagship coin has formed a potential reversal pattern. Notably, Bitcoin price experienced a significant resistance level of …

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