After beginning the year above $47K, the price of Bitcoin lost more than a quarter of its value as January unraveled, and the cryptocurrency revisited the $33K territory.
During the past week, Bitcoin pumped 22% and managed to break the psychological level– trading north of $45K at the time of writing.
Addresses holding BTC and profiting hit a multi-month high
Bitcoin tested the psychological level earlier this week–on February 8. After the correction, it found strong support at $43K–successfully breaking the downtrend, and climbing above $44,800 yesterday.
Bitcoin/USD price chart (TradingView)
According to the data from Into the Block, with the price surpassing the $45K mark, the percentage of addresses holding Bitcoin and profiting just recorded a multi-month high–67.32% to be exact.
The % of addresses profiting in $BTC just recorded a multi-month high.
As the price of #Bitcoin pushes above $45,000, the GIOM indicator reveals that now 67.32% of the addresses holding BTC are
We współpracy z: https://cryptoslate.com/after-bouncing-from-january-lows-bitcoin-tests-45k/
