7y-10y bitcoin holders are selling

[hizirplay]

Spent Output 7y-10y is a band in Spent Output Age Bands, an indicator that measures Bitcoin's age and market activity. This band represents the spending of Bitcoins with an age of 7 to 10 years. Historically, increases in Spent Output 7y-10y have sometimes resulted in decreases in Bitcoin price.

 

[brucewayne39]

Good. I will buy more.

 

[QueenAlin]

these indicators are sh**

 

[tones21]

Good. I will buy more.

It better to have than to be left out with non.

 

[Elvlin]

interesting seem a the financial crisis hit them, they need more cash in hand

 

[roydan]

It's very hard to find long-term patterns in an asset (and asset type) that has existed for less than 14 years.
People try to use the same trading techniques that work on stocks without realizing that these are not the same people.

 

[bestspinner]

nice share

 

[ufc777]

Flash crash is coming ) Bear market will be

 

[splishsplash]

Its not going to go down. Bitcoin will never be below 20k again. Ever.

The last bottom at 14k was the low point. From here its up with maybe a drop to 22-23k depending on intermediate factors along the way.

Next bull itll be 150k to 300k and then bottom out again at 30k to 45k

 

[filekamile]

Good times coming

 

[davids355]

It can go down to whatever it wants. That’s just a buying opportunity.

 

[starcity83]

Waiting until my pleb goes up then transfer it all into Bitcoin haha

 

[Gogol]

Probably trying to have a good position of the asset, since it stayed low for a while. I just hope the highest holder doesn’t sell.. or there will be problems for sure.

 

[mazar]

fake news

 

[DrBitcoin]

Spent Output 7y-10y is a band in Spent Output Age Bands, an indicator that measures Bitcoin's age and market activity. This band represents the spending of Bitcoins with an age of 7 to 10 years. Historically, increases in Spent Output 7y-10y have sometimes resulted in decreases in Bitcoin price.
View attachment 251581

ill buy their bags.

 

[BillyScottland]

Geez, if you don't know anything about trading, you don't need to write your opinion. How can you not see what is happening in the market? Everything is quite logical and expected, don't forget that bitcoin is a volatile asset. The moderator above said it right. Of course, sooner or later there will be a time of bulls, but things can change. I personally foresaw the rise and bought at 18k and sold at 30k. I know what will happen to bitcoin in the near future, if things don't change, I will re-buy at a lower price, thus increasing the amount of bitcoin in my wallet. Remember guys, you need to follow the market and news not only in the cryptocurrency sector, but also in the financial sector. Cryptocurrency as a whole is not yet fully recognized as solvent, so it has a precarious position compared to fiat currency. So guys, stay tuned to the news and the financial markets, when you have the information, everything will make sense to you and make sense to you. Hugs to everyone, thanks guys.

 

[blackhatadsr]

Thanks for sharing

 

[Sol]

I went to a pizza shop and table next to us was showing us the chart of dogecoin last peak. Should have tethered everything then and there.

 

[Valkyrie.]

With Bitcoin, just follow the trends, don't follow what the tools indicate. It isn't like trading stocks.
With a bit of luck, you can make a bunch of money buying low and selling high. Low and high in months, not days if you are curious.
I lost a shitload of money trying to analyze and predict the price but things started to change when I stop caring about all that.

 

[VolcanoMan]

Bitcoin has proven to be less effective than everyone thought and really just a pain in the ass to use. The only people begging for it are foreigners that can't work within tax codes. In the usa literally no one wants to touch the stuff in their day to day business.

Other than holding to infinity I don't see much enthusiasm as far as utilization goes.

Savings accounts pay 4% now. That is risk free and FDIC insured. Peace of mind is worth something.

Cash doesn't degrade the way fear mongers describe unless you literally put it under your mattress.