21Shares Reports Historic Lows in Bitcoin Seller Pressure

21Shares has reported that Bitcoin seller pressure is at historic lows, with the Seller Exhaustion Constant dropping to approximately 0.007, marking the lowest 0.3% of readings since 2010.

This level has only been recorded 11 times in Bitcoin's history, with a median gain of +155% one year after similar signals. However, the signal does not confirm that the market bottom is in, and historical data suggests there may be potential for further decline before a reversal occurs.