21Shares: Bitcoin Seller Pressure Hits Historic Lows
21Shares reports Bitcoin seller pressure is at historic lows. The Seller Exhaustion Constant dropped to ~0.007, the lowest 0.3% of readings since 2010.
🟠Such lows have occurred only 11 times in Bitcoin’s history
🟠Median gain one year after similar signals: +155%
🟠Signal does not confirm the bottom is in
🟠Historical data shows potential for further decline before reversal
Takeaway: Selling pressure is exhausted, but a trend reversal may take time.