The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On-chain data indicates that the Bitcoin bear market bottom has not yet formed, based on the gap between long-term and short-term holders observed on June 13. By June 17, long-term holders reached a milestone, controlling a record 79% of the circulating Bitcoin supply. These metrics suggest that while accumulation is high, the cyclical floor remains unconfirmed.