Cryptocurrencies:

Exchanges:

Market Cap:

24h Vol:

Dominance:

GAS:

Fear & Greed:

People say that Bitcoin should never be sold in the long term. Is that true?

Dec 24, 2024

The market is absorbing the largest sell-off in history, at the highest price range ever, yet Bitcoin's price remains strong.

Chart Explanation:

The chart shows:

Black line: Bitcoin price (USD) over time.

Colored areas (stacked area): Represent the amount of Bitcoin supply that has been "revived" (Revived Supply Breakdown by Age). Different colors represent the age of the activated coins, such as:

<6 months

1-2 years

5-7 years, etc.

Key points:

The peaks in the colored areas align with periods when a large amount of old Bitcoin was sold, such as in 2018 (the market bottom) or during the BCH hard fork.

Currently, the selling volume from old coins has reached a historic high, but Bitcoin’s price remains elevated, indicating strong market absorption.

#COINMAP

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