Bitcoin Solid Above $34,000 Despite High Short-Term Holder Profit-Taking

Bitcoin has shown some impressive strength above the $34,000 mark despite a high amount of profit-taking from short-term holders.
Bitcoin Short-Term Holders Are Selling, While Long-Term Holders Are Still Quiet
As explained by analyst James V. Straten in a new post on X, the short-term holders are currently participating in one of the strongest profit-taking events of the past couple of years.
The “short-term holders” (STHs) here refer to all those Bitcoin investors who have been hold