Bitcoin HODLers’ Profit Falls To 2-Year Low; Price Stands Under $85,000

Bitcoin’s price continues to struggle below the psychological $85,000 mark, failing to break past this critical level over the past two months.   Despite some attempts to secure a rise, the leading cryptocurrency has remained stagnant, increasing pressure on long-term holders (LTHs). These investors, once enjoying solid profits, are now seeing a decline in their unrealized gains. Bitcoin Investors Are Pulling Back The MVRV Long/Short Difference, a key metric used to gauge market sentiment, reveals a concerning trend for LTHs source: https://beincrypto.com/bitcoin-hodlers-profit-falls-to-low/