Bitcoin Retests $108,000, But Holders Disagree On Direction 📈
Bitcoin's price attempts to breach $108,000, but investor sentiment remains divided. Glassnode's analysis of the Accumulation Trend Score shows mixed accumulation behavior among BTC holders, with smaller investors distributing, medium-sized holders accumulating, and larger whales showing neutral habits.
The latest price trend indicates an improvement from a low score of 0.25, but uncertainty persists as Bitcoin's price faced rejection at $107,100.
With no clear majority behavior, the question remains whether investor indecision will persist or evolve.
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