The consolidation trend in Bitcoin price prolonged into Saturday, showcasing a modest intraday gain of 0.16%. The neutral candle formation for the past few days has surged uncertainty among crypto participants, impacting the altcoin market as well. However, the struggle to maintain the recovery trend could be linked to significant outflow from BTC ETFs and whale selling. Can the buyers counter this?
Will Bitcoin Price Hit $50k in September? Insights from Historical Trends
coingape.com
31 August 2024 15:52, UTC