New report says Bitcoin price in ‘more sustainable uptrend’ than 2019

Bitcoin (BTC) hitting its highest in over a year was different from the 2019 bull run because exchange balances fell, a new report says.

Published on Sep. 21 and seen by Cointelegraph, Delphi Digital’s Bitcoin Outlook highlights unique trends in BTC price action.

Report: Bitcoin hodlers now have “longer time horizons”

According to the three researchers who compiled the report, Bitcoin reaching $12,500 last month had little in common with its run to $13,800 in 2019.

This is because exchange…


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