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