$BTC is in early bullish phase if we take a look at underlying data and behavior of crypto whales
Even though Bitcoin is currently moving in an early bullish phase, macro risks and contagion still prevail in the industry, and the rising number of liquidations, bankruptcies, etc., will certainly lead to a spike in selling pressure. If the market is not ready for it, we will see the continuation of a prolonged downtrend that began in 2021.
From the on-chain perspective, Bitcoin whales have not even moved their funds to realize them for a good price on the market, suggesting they either had their targets much higher or are holding their assets at a significant unrealized loss.selling is a bullish factor that allows the market to move upward without having to deal with pressure from investors.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Cboe Plans to Go Beyond Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH) and Litecoin (LTC)Cboe made another foray into cryptocurrency market following acquisition of ErisX
Leer más »
Bitcoin halts volatility at $23K as BTC hodlers see mass return to profitWhere to next for Bitcoin? A new survey from CryptoMichNL shows hodlers are torn.
Leer más »
Bitcoin (BTC) Price Analysis for January 24Can BTC remain bullish despite the bears' pressure? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
Leer más »
Bitcoin (BTC) Hater Peter Schiff Claims Crypto Investors Should Cash Out After 30% Rally.PeterSchiff believes that investors should sell their Bitcoin holdings before it's too late
Leer más »
Peter Schiff Comments on His Bad Bitcoin Advice and Speaks About $100,000 for BTCCrypto hater comments on his badly timed Bitcoin price predictions btc bitcoin crypto peterschiff schiff bitcoinnews $btc
Leer más »
Bitcoin (BTC) Rally Cools, Here's Top Reason WhyMicrosoft's recent woes have been linked to cooling Bitcoin (BTC) rally
Leer más »