Bitcoin long-term holder supply hits 8-month lows: Bullish or bearish?

The amount of Bitcoin in long-term holder wallets hit cyclical lows, but is this enough to help the bulls avoid a decline toward $68,000?

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Black sandalwood ethnic style men’s and women’s bracelet with 108 prayer beads
Rated 5.00 out of 5
$50.00
Select options This product has multiple variants. The options may be chosen on the product page
老紅酸枝108念珠風情ペアブレスレット
Rated 5.00 out of 5
$50.00
Select options This product has multiple variants. The options may be chosen on the product page
Brazilian Red Pear Wood Handmade Polishing 108 Buddhist Beads Boutique Bracelet
Rated 5.00 out of 5
$50.00
Select options This product has multiple variants. The options may be chosen on the product page
ベトナム産天然沈香 108連ブレスレット | 冨森（フーサン）赤土沈水グレード仏具、甘い乳香の瞑想用アクセサリー
Rated 5.00 out of 5
$50.00
Select options This product has multiple variants. The options may be chosen on the product page