Bitcoin (BTC), which rose above 50 thousand dollars again after years, may encounter resistance just above 50 thousand dollars.
Into The Block data, approx. 375 thousand average per unit of wallet From 50 thousand 227 dollars total about 119 thousand 480 Bitcoins It shows you bought it.
Bitcoin rose above $50,000 this week for the first time after 2021, and these addresses are has been harmful for a long time was in the situation.
In the statement made by Blockchain analysis platform Lookonchain these addresses when the Bitcoin price reaches their purchase price. to get out of harm’s way they can sell specified.
Total about 6 billion dollars Selling these Bitcoins worth more than Bitcoin may create selling pressure.
