Investor confidence erodes as Bitcoin hits distribution phase, Glassnode reports

As of March 13, 2025, Bitcoin (BTC) has entered a distribution phase, indicating a notable shift away from accumulation. Investors are increasingly liquidating positions, contributing to a cautious sentiment in the market.

While the volatility persists, there is potential for stabilization if long-term holders reduce selling. The Accumulation Trend Score has fallen below 0.1, reflecting a market focus on selling rather than buying.

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