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Bitcoin [BTC] bears gain edge against the bulls- Is it right time to short
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In the last few days, we have seen Bitcoin [BTC] struggle to sustain its upside. Now the market is showing some bullish weakness and the bears are trying to take advantage. The next few days might bring forth a significant pullback and here’s why.
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Recent data suggests that Bitcoin’s failure to continue rallying past the $28,300 resistance level yielded a loss of confidence among investors. The situation was further exasperated by miner outflows which are currently at a monthly high according to the latest glassnode data.
<p lang=«en» dir=«ltr» xml:lang=«en»> Read more on ambcrypto.comAbout this in other media
Here’s How Friday’s US Jobs Report Could Impact the Bitcoin (BTC) Price cryptonews.com /1 year ago
Breakout or retracement? Where does Bitcoin [BTC] head next ambcrypto.com /1 year ago
Bitcoin [BTC] emission intensity hits new all-time low- Here’s why ambcrypto.com /1 year ago
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