Bitcoin Faces Short-Term Correction, Long-Term Outlook Remains Bullish

From dupoin.com

Bitcoin is holding around $109,000 after several days of ranging between $106,200 and $111,800. Despite increasing profit-taking pressure from miners, on-chain data shows that “diamond hands” are actively accumulating—long-term holders have added 300,000 BTC in just 20 days. The Long-Term Holder (LTH) spending indicator has dropped to its lowest level since September 2024—a signal that previously preceded a 96% rally. Experts believe that if the pattern repeats, BTC could advance toward the $200,000 zone. Confidence from long-term investors is reinforcing a strong accumulation trend. BTC is currently in a ... (full story)