The leading cryptocurrency Bitcoin (BTC) has officially remained stable in the past 7 days, experiencing only a 0.1% movement. Although there was a significant acceleration after the recent XRP news, the BTC price returned to its previous position and settled around $30,000. This horizontal trend of BTC price at $30,310 may be seen as a positive signal. Long-Term BTC Investors Long-term BTC investors are starting to reemerge, and as the BTC price continues to rise, their numbers are expected to increase. A post by renowned on-chain analyst Philip Swift shows that the behavior exhibited by BTC investors when the bull market arrives is reappearing. Although the BTC price is currently remaining in a stable range, the analyst stated that long-term investors interpret the situation differently. The analyst examined indicators such as VDD and CDD, which indicate long-term investment, and emphasized that the situation is very favorable. The VDD indicator measures […]
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