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Despite 'worst bear market ever,' Bitcoin has become more resilient, Glassnode analyst says

Market, Bear, Record, Check, Bitcoin, Interview, Youtube, Worst, Glassnode, Resilient1 min read

Glassnode analyst James Check says the Bitcoin network is becoming increasingly resilient. Check refers to the amount of Bitcoin holders who don’t sell even in extreme market conditions. Check also points out that shrimps, the entities who hold less than one Bitcoin, are accumulating at a record pace, surpassing the levels of the 2017 bull market’s peak. Check: “The shrimp are essentially seeing this is a an immense period of value,” he explained.Check out the full interview on our YouTube channel and don't forget to subscribe to the channel's weekly Newsquiz.com/Bitcoin-CoinReport-Report-in-the-Weekend interview with Glassnode.com and Cointelegraph.com. Source

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