Fresh addresses are accumulating Bitcoin despite the heavy price drawdown

Bitcoin’s volatility intensified in the second week of January, with its price falling 6.25% between Jan. 6 and Jan. 12 to $90,900 from $96,960. While this is still in line with expected drawdowns during bull cycles, the drop provides an excellent case study for analyzing the market’s behavior. Observing the …

Bitcoin hashrate drawdown reaches December 2022 levels

This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Source link

wpChatIcon
    wpChatIcon