A large amount of bitcoin supply has been accumulated between the $38,000 and $45,000 price range, according to blockchain data compiled by Glassnode. Typically, price “value” zones, areas with a large amount of trading activity, precede strong breakouts or breakdowns in price.
Mass Adoption Would Ruin Crypto. Keep It a Niche
“The risk of growing adoption is that new entrants aren’t aware of Bitcoin’s core principles: decentralization, self-custody, hard money, etc....