Enduring Bitcoin’s $70,000 Milestone: Insights on Market Resilience
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Bitcoin has successfully maintained its value above the significant $70,000 threshold, thanks to the steady holding pattern of long-term investors. These stakeholders exhibit no panic selling or pursuit of excessive profits, as suggested by the Long-Term Holder Spent Output Profit Ratio (LTH-SOPR), which currently stands at 1.01.
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