Here’s Why Bitcoin (BTC) Price Can’t Break Out, According to This Analyst

Bitcoin’s latest rally is hitting significant resistance. According to on-chain analyst Axel Adler Jr., this price ceiling is caused by long-term holders (LTHs) taking profits. Adler pointed out that LTHs have been actively selling since July 1. The total distribution volume from this cohort has now reached 810,000 BTC. During this same period, their combined […] Read The Full Article Here’s Why Bitcoin (BTC) Price Can’t Break Out, According to This Analyst On Coin Edition.