Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak
Bitcoin is entering a fragile stage after days of selling pressure and uncertainty pushed the price into consolidation around the $110,000 level. Bulls are working to defend this key area, but momentum has clearly faded. The market now finds itself in a holding pattern, with investors cautious about whether Bitcoin will stabilize or break lower in the sessions ahead. Related Reading: BNB Chain Surpasses 650M Unique Addresses – Binance Adoption Continues Despite the weakness, there are no clear signals yet of a deeper correction. Historically, retracements within ongoing bull markets often....
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Following the recent market whirlwind that occurred over the weekend, Bitcoin has fallen towards the $111,000 price level again as the market turns bearish. Amid this waning movement in price, retail players’ sentiment is still underwater, with these investors sending a large quantity of BTC to crypto exchanges. Retail Traders Turn Bearish On Bitcoin US […]