Glassnode Data Announced: Bitcoin (BTC) Turning Point!

Despite the price volatility of Bitcoin (BTC), the number of Bitcoin assets has increased. Although the total asset amount may seem modest at first glance, it can serve as a compass indicating the possible location of Bitcoin’s next support level. A Turning Point in Bitcoin! A notable update by Glassnode Alerts on July 16 revealed that the number of addresses holding a single Bitcoin reached an all-time high of 1,009,850. This extraordinary turning point could signal a trend of accumulating Bitcoin at various price ranges, demonstrating the resilience of the accumulation process against price fluctuations. Significantly, the number has further increased and currently stands at an impressive 1,009,950 addresses, reaching an all-time high. Examining the total number of holders is crucial to truly grasp the impact of Bitcoin holders and volumes. The Santiment chart highlighted this growth since January, indicating a significant upward trend. The number of holders has increased […]

The post Glassnode Data Announced: Bitcoin (BTC) Turning Point! appeared first on COINTURK NEWS.