The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.
Original
Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
Related posts
-
$1B Pours Into US Bitcoin ETFs in a Single Day, Shaking Up the Market
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) achieved a significant milestone, bringing in $1 billion... -
Bitcoin Technical Analysis: BTC Flirts With $100K as Market Awaits Directional Clarity
Bitcoin is treading a fine line near the coveted $100,000, keeping traders on edge as the... -
Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value...
