Bitcoin short-term holders seem unwilling to cash out amid the SEC FUD. Does this mean $BTC still has room to grow? Read more here -
Short-term holders’ willingness to hold on to their stash depicted that Bitcoin still has room for growth.
However, the latest data suggest that the movement of short-term Bitcoin holders depicted strong interest in staying in the market and gaining profitability.that despite the lackluster in Bitcoin’s price, as it continued to remain trapped within the $25k-$30k range, the possibility for growth in its trajectory is not over yet. The blog post explained,
As such, upon comparing the present cycle with 2019, the analyst noted that the profitability of long-term and short-term holders has not been high enough to trigger heavy selling pressure.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Bitcoin Eyes Bullish Scenario as Thousands of BTC Acquired by WhalesBitcoin whales scoop up thousands of BTC amid price drop: Epic rebound ahead? bitcoin btc bitcoinbtc bitcoinnews whalealert $btc
Baca lebih lajut »
Binance Coin (BNB) Dumps to 6-Month Low, Bitcoin (BTC) Fails at $26K (Market Watch)BNB took another hit in the past 24 hours that brought it south to just over $220.
Baca lebih lajut »
BTC Prague 2023: ‘Anyone can produce value in the Bitcoin ecosystem’The importance of community in the crypto space has been a major component of industry resilience and von Lare says with Bitcoin in particular every individual has value.
Baca lebih lajut »
Shiba Inu Lead Kusama Strikes Back at 'FUD Attack'Amid dramatic market downturn, Shytoshi Kusama, leading figure of Shiba Inu project, fired back at those disseminating fear, uncertainty and doubt (FUD) about SHIB in recent post on his Telegram channel
Baca lebih lajut »
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as Traders Digest SEC's Crypto Crackdown – Market Updates Bitcoin NewsBitcoin moved below the $26,000 level to start the weekend, as bearish pressure intensified following a week of turbulence.
Baca lebih lajut »
Bitcoin, Ethereum Technical Analysis: Ethereum Nears $1,700 Breakout, as BTC Braces for Fed Rate Decision – Market Updates Bitcoin NewsBitcoin started the week trading below the $26,000 level, ahead of a key week of economic events. Ethereum nears a move under $1,700.
Baca lebih lajut »