On-chain data shows the demand for using Bitcoin is now neutral from retail investors and could be heading toward a reversal to the upside. Bitcoin Retail Volume No Longer Plummeting As explained by an analyst in a CryptoQuant Quicktake Retail Investor Demand,” which measures, as its name suggests, the demand for the Bitcoin network that’s…
View More Bitcoin Retail Volume Close To Growing Again: Bullish Sign?
Bitcoin is showing resilience, holding firm above the $69,000 mark after a slight pullback from recent local highs at $73,600. Following weeks of bullish momentum and nearing its all-time high, BTC has settled just below the critical $73,794 resistance, a key level that, if surpassed, would push the cryptocurrency into price discovery mode. According to…
View More Bitcoin On-Chain Indicator Signals Panic Selling At Current Levels – Time To HODL?