Community post
BTC Accumulation Ongoing
#Bitcoin being taken off exchanges again (circle). This means the selling pressure is now decreasing and accumulation again started for mid term to long term holding.
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Replies (3)
With more reduced selling pressure,i believe the buying pressure will come up....
Not necessarily, sometime (as in this case) the selling pressure reduces because sellers have decided to just hodl the coin for a better period.
Oh okay,that is another angle to look at it from