According to reports, the supply of Bitcoin held in long-term holder wallets has reached an eight-month low. The report questions whether this development is enough to prevent a potential price decline toward $68,000. The analysis explores whether the decrease in long-term holdings signals a bullish or bearish outlook for Bitcoin's price.

According to reports, the supply of Bitcoin held in long-term holder wallets has reached an eight-month low. The report questions whether this development is enough to prevent a potential price decline toward $68,000. The analysis explores whether the decrease in long-term holdings signals a bullish or bearish outlook for Bitcoin's price.