Bitcoin entered the distribution phase. What will happen next?
Currently, bitcoin sales among whales predominate. Glassnode projects that bitcoin could reach over $130,000 this cycle. The bitcoin (BTC) market has entered a distribution phase, according to on-chain research firm Glassnode. What does this mean? This is a stage in which sales of the digital currency predominate, putting downward pressure on its price. “Accumulation Trend … Read more