The post Bitcoin News: On-chain Analysis Indicates Possible Further Correction for BTC Price appeared first on Coinpedia Fintech News
The Bitcoin (BTC) market is mainly controlled by three classes of investors; holders, cruisers, and traders. The behavior of these groups largely has an underlying impact on the Bitcoin price depending on whether it is during the bear or bull season. Essentially, long-term holders tend to take profits during bull markets and accumulate during bear …