Bitcoin nearly ATH, bull market is still going strong

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 15 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Bitcoin أخبار

Cryptocurrencies,Technical Analysis

Bitcoin’s (BTC) price outlook remains positive in the short term despite its recent stabilization, on-chain data suggests, propelled by easing selling pressure by long-term holders and activity from large-wallet investors.

Bitcoin’s price outlook remains robust as long-term holders' selling pressure eases. Institutional investors bought Bitcoin during local price bottoms at roughly $57,500. The Market Value to Realized Value indicator suggests further upside ahead. Bitcoin’s price outlook remains positive in the short term despite its recent stabilization, on-chain data suggests, propelled by easing selling pressure by long-term holders and activity from large-wallet investors.

The only difference is that on May 20, there was a spike in the daily transfer when the price was running toward its ATH, signaling that profits were booked and waving a price top. 1m USD) chart src=https://editorial.fxstreet.com/miscelaneous/Bitcoin%20%20-638525848541738103.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 14. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين