Bitcoin’s 2024 outlook should concern you: Here’s why

2024-1-2 06:30

Long-term holders are adding to their holdings. An analyst opined that the BTC may not react quickly to a potential ETF approval. Despite Bitcoin's [BTC] sideways movement, AMBCrypto learnedThe post Bitcoin’s 2024 outlook should concern you: Here’s why appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 97652.97 (-0.19%)
Объем 24H $96.721b
Изменеия 24h: 3.47 %, 7d: 7.52 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1932.106b Rank 1
Цена в час новости $ 45354.86 (115.31%)

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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