Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up

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Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up
News & Feeds

Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up

As BTC/USD stages something of a comeback in the second half of October, hodlers are changing their behavior after a year-long bear market.

According to Glassnode, the number of Bitcoin previously stationary in their wallet for 7-10 years but not active again reached a one-month high on Oct. 29.

This is in fact the latest in a series of such highs, with the previous one seen on Oct. 1

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https://cointelegraph.com/news/bitcoin-metric-warns-of-21k-profit-taking-as-decade-old-btc-wakes-up