Bitcoin (BTC) Price Analysis for May 8

2022-5-9 20:00

Can traders expect the further fall of Bitcoin (BTC) next week?

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Bitcoin (BTC) на Currencies.ru

$ 98357.37 (+0.53%)
Объем 24H $105.036b
Изменеия 24h: 4.49 %, 7d: 11.71 %
Cегодня L: $97827.07 - H: $98357.37
Капитализация $1945.187b Rank 1
Цена в час новости $ 34157.54 (187.95%)

bitcoin btc further fall week traders 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