Bitcoin long-term holders have reduced their supply from 14.8 million BTC in July to 14.3 million BTC now, marking the lowest level since April with holdings reflecting only 71.92%.
Currently, Bitcoin is at 86,480 USD, but could drop to 68,500 USD if key support levels break. Retail-driven cycles often lead to sharp declines in LTH supply, indicating possible shifts in market dynamics.
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