Metric loss

No high cut? Bitcoin metric hodler points to ‘depressed’ BTC price By Cointelegraph

© Igor Fauna

(BTC) investors are notorious for their ability to “adapt” to price declines, but new data sheds light on how long they may be willing to keep going.

In a January 16 tweet, on-chain analytics firm Glassnode Noted this holder behavior currently mimics the behavior of Bitcoin during the less extreme part of its price cycles.

Annotated Bitcoin reserve risk chart. Source: Glassnode/Twitter
Bitcoin miner reserve board. Source: CryptoQuant

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