BlockchainTalker
Bitcoin was just touching the key annual level when heavy selling pressure pushed it down hard. This rejection was quite decisive, clearly visible on the candlestick chart—the strength of the sell-off by funds is simply more aggressive than anything else. The current situation is like this: if we don't reclaim this level, no big rally is to be expected; at best, it will be a choppy sideways movement with ups and downs.
The logic behind the market is straightforward—big funds simply do not want Bitcoin to stabilize at this level. If an effective breakout isn't achieved, even if there's a reboun
The logic behind the market is straightforward—big funds simply do not want Bitcoin to stabilize at this level. If an effective breakout isn't achieved, even if there's a reboun
BTC0.82%