Bitcоin

Bitcoin Price Eyes $70k Rally as Long-Term Holders Accumulate at Record Pace

The Bitcoin price has been wavering in an uncertain trend since last weekend. The demand pressure at $55000 has managed to stabilize the prevailing bearish sentiment but the overhead supply is intact amid the German government’s liquidation of BTC. As the associated address has recently emptied its Bitcoins, a positive trend is expected in the near term.

Source

Click to rate this post!
[Total: 0 Average: 0]
Show More

Leave a Reply

Your email address will not be published. Required fields are marked *