menu
techminis

A naukri.com initiative

google-web-stories
source image

Coinpedia

1M

read

258

img
dot

Bitcoin (BTC) Price at Dire Straits: Has the Bull Run Deferred?

  • Bitcoin price dropped below $61,000 and triggered liquidations of $500 million worth of assets.
  • Whales have accumulated over 50,000 BTC in the last 10 days, suggesting a bullish quarter may be approaching.
  • The OTC desk balance has reached a 2-year high, indicating a possible sell-off and decline in Bitcoin price.
  • Long-term trend suggests a potential parabolic run and market participants need to monitor Bitcoin price action.

Read Full Article

like

15 Likes

For uninterrupted reading, download the app