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70% of Bitcoin supply hasn't moved in 155 days while the "Clarity Act" finally moves forward. Why the dump?

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70% of Bitcoin supply hasn't moved in 155 days while the "Clarity Act" finally moves forward. Why the dump?

Short-term pain is real, but the long-term setup is arguably stronger than ever. Looking at the 200-week moving average and the Z-Score analog to see where we really sit in this cycle. Spoiler: Fear isn't even at its peak yet.

submitted by /u/MCL-Jonathan
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