Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders

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Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders


On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher.

Posted by Cointelegraph By Jordan Finneseth on May 31, 2021 @ https://cointelegraph.com/news/bitcoin-rejects-near-37-5k-on-chain-data-shows-capitulation-from-short-term-holders

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