Bitcoin (BTC) Price Analysis for August 12

2021-8-12 17:21

Can bears seize the initiative and get Bitcoin (BTC) back to $42,000?

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Bitcoin (BTC) на Currencies.ru

$ 99279.87 (+0.42%)
Объем 24H $94.948b
Изменеия 24h: 2.19 %, 7d: 12.46 %
Cегодня L: $97827.07 - H: $99279.87
Капитализация $1964.331b Rank 1
Цена в час новости $ 44174.06 (124.75%)

bitcoin btc initiative get back bears analysis

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Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.

2024-10-6 07:00