“AMBCrypto reported earlier that BTC may witness a short-term price correction as there was a movement of coins from long-term holders (LTHs) to short-term holders (STHs). The token’s Binary CDD continued to remain red, meaning that long-term holders’ movements in the last seven days were higher than average. Its aSORP was also red. This suggested that more investors were selling at a profit. In the middle of a bull market, it can indicate a market top.”
Dipayan Mitra, Journalist · Bitcoin since: +51%
As published by AMB Crypto
A little perspective.
Bitcoin on that day$51,731February 25, 2024
$100 at that price$150.61At our latest price check
Illustrative value using a Bitcoin price of $77,912, checked Oct 30, 2026, 12:12 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin: Why A Drop Below $50.5K Will Be Bad News” — Dipayan Mitra, AMB Crypto, February 25, 2024. Bitcoin: $51,731. https://bitcoindeaths.com/posts/2024-02-25-bitcoin-why-a-drop-below-505k-will-be-bad-news