Bitcoin [BTC]: What history tells us about assessing bottom formation

2022-11-2 21:30

Following a prolonged period of extremely low volatility that caused the leading coin Bitcoin [BTC], to trade in a tight range since early September, its price rallied above the $20,000 level during lThe post Bitcoin [BTC]: What history tells us about assessing bottom formation appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 98043.02 (-0.13%)
Объем 24H $42.475b
Изменеия 24h: -0.49 %, 7d: 7.38 %
Cегодня L: $97633.19 - H: $98572.23
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Цена в час новости $ 20477.65 (378.78%)

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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