Bitcoin to $400K or $20K? Why analysts cannot agree on BTC's future

2024-5-1 15:00

Bitcoin and Ethereum dip by over 5%; BTC sees 20% drop from $75,000 peak. Despite short-term dips, indicators show long-term promise. The cryptocurrency market is experiencing a downturn, wiThe post Bitcoin to $400K or $20K? Why analysts cannot agree on BTC's future appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 98141.34 (+0.77%)
Объем 24H $94.205b
Изменеия 24h: 5.49 %, 7d: 8.36 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1941.764b Rank 1
Цена в час новости $ 57233.97 (71.47%)

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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