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 it enough to help the bulls avoid a decline toward $68,000?
Source: Bitcoin long-term holder supply hits 8-month lows: Bullish or bearish? (https://cointelegraph.com/news/bitcoin-long-term-holders-hit-eight-month-lows-bullish-or-bearish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)