Bitcoin’s Price Dip Raises Questions About Future Direction

Bitcoin has experienced a significant drop, shedding over 20% of its value from recent highs. This move has led to uncertainty among traders, some expecting a potential bottom while others anticipate further declines. CryptoQuant analysis sheds light on two key indicators – Short-Term Holder MVRV and Long-Term Holder Net Position Change – that offer contrasting signals regarding the future trajectory of Bitcoin.