Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Freeveto
on 05/06/2022, 08:46:11 UTC
LONG TERM HOLDERS BEGINS DISTRIBUTION WHICH PRECEDED BTC PRICE BOTTOMS.


This thread suggest that the long term holders are entering capitulation phase and are right now selling at lost indicating that Smart money accumulation phase has begun,
Thy thread point out how this same event preceded generational Bottoms in Bitcoin's history.
Which included the 2014 and 2018 Bear markets and also the coronavirus Cross-market crash of March 2020.
It equally noted that such capitulation event usually marks a multi- year - bottom.

Therefore stating that the next few months would present a great opportunity for long-term investing in the market.



Link that covers the full  gist.
https://cointelegraph.com/news/bitcoin-long-term-hodlers-begin-distribution-which-preceded-btc-price-bottoms