Bitcoin price today shows signs of a bullish trend as long-term holders end months of selling, per Bijié Wǎng. Net supply changes over 30 days have returned to neutral, echoing earlier patterns before price gains. Reduced selling may tighten supply, making Bitcoin price today more responsive to demand and easing upward movement.

In accordance with Bijié Wǎng, long-term Bitcoin holders have stopped their months-long selling, with net supply changes over the past 30 days returning to a neutral level. This shift mirrors patterns seen earlier this year before a price increase, suggesting that experienced investors perceive limited downside risk at current levels. The easing selling pressure may tighten market supply, making prices more sensitive to demand and potentially creating conditions for easier price gains, even without a surge in new buyers.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.