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Two-speed market leaves Bitcoin caught between profit-taking and hesitation

Mature supply is hitting the market at a steady pace while newer buyers show little conviction.

In a sunlit trading hall, long-term holders’ Bitcoins spill down red sell chutes while short-term coins balance level in a glass chamber beneath a split green-red SOPR gauge

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Bitcoin is navigating a tricky balance. While long-term holders are confidently cashing in on old investments for profits, short-term players barely manage to break even, contributing to a market that's both resilient and tentative. This dual pace is affecting the reliability of recent rallies, with each upward movement anchored by mature coins entering circulation. The key question remains: how is this impacting Bitcoin's ability to sustain upward momentum, and what signal will indicate a change? Discover the crucial metric to monitor...