Bitcoin 2024 buyers steady BTC price as trader sees $52K ‘next week or so’

Two-year Bitcoin hodlers “absorbed” seller pressure in recent weeks, according to new research, but most analysts still expect new macro BTC price lows.

New analysis suggests that Bitcoin (BTC) is “relying” on early 2024 buyers as its price action stalls below $70,000.

Key points:

Bitcoin buyers from early 2024 are in focus as a giant potential safety net for BTC price.

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