CryptoQuant has identified a potential Bitcoin accumulation signal as short-term holders (STHs) reportedly began selling at a loss around the $80,000 mark. This development suggests a possible entry point for investors looking to accumulate Bitcoin. The analysis advises investors to consider step-by-step spot purchases while emphasizing the importance of hedging in derivatives and avoiding all-in buying strategies in the current market conditions. However, CryptoQuant cautions that this signal does not guarantee a price bottom or immediate recovery, but rather indicates a potential opportunity within the broader market context.
CryptoQuant Highlights Bitcoin Accumulation Signal at $80K
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