Event JSON
{
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"created_at": 1740200594,
"kind": 1,
"tags": [
[
"r",
"https://bitcoinist.com/bitcoin-lth-cut-back-selling/"
],
[
"subject",
"Bitcoin Long-Term Holders Cut Back Selling Pressure Amid Market Uncertainty, A Major Move Looming?"
],
[
"published_at",
"1740200450"
],
[
"image",
"https://bitcoinist.com/wp-content/uploads/2025/02/Bitcin-chart-from-Axel-Adler-Jr.jpg?resize=640%2C360"
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"url https://bitcoinist.com/wp-content/uploads/2025/02/Bitcin-chart-from-Axel-Adler-Jr.jpg?resize=640%2C360"
],
[
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"crypto:perspective"
],
[
"summary",
"The crypto market has been experiencing volatility, causing Bitcoin's price to drop towards the $93,000 support level. However, an on-chain expert has identified a shift in investors' sentiment towards Bitcoin, as long-term holders have reduced their spending activity by over 60%. This trend may indicate confidence in BTC's future performance and could lead to a price rebound. Technical experts are also predicting a price recovery to the $106,000 level based on an impending breakout from a Falling Wedge chart pattern."
]
],
"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxm87efh934qwdkkngj6klr4k2de5wck92alcjl4x5edemg0c6a5gxlx94c\nhttps://bitcoinist.com/wp-content/uploads/2025/02/Bitcin-chart-from-Axel-Adler-Jr.jpg?resize=640%2C360\nSince the general crypto market entered a volatile period, Bitcoin has faced persistent heightened selling pressure from investors and traders in the past weeks, causing BTC’s price to drop sharply toward the $93,000 support level. After a period of bearish behaviors, optimism seems to have returned to the market as evidenced by a reduction in […]\nhttps://bitcoinist.com/bitcoin-lth-cut-back-selling/",
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}