US, EU, Or Asia? Heres Which Of These Has Dominated Bitcoin Sell-Side Recently - BitcoinEthereumNews.com
Looks like both the markets have contributed to buy pressure recently | Source: ग्लासनोड का द वीक ऑनचेन - सप्ताह 12, 2022 As you can see in the above graph, trends during US and EU trading hours have been pretty similar over the period. Following March 2020, both the markets had been in a state of accumulation, until the 2021 bull rally neared where investors in both the hours participated in some heavy buying, with EU ramping up a bit later than US. May-July consolidation saw heavy spending from US, but the market lead buying during July-August, and did considerably more buying than EU. Most recently, investors from both the trading hours have shown moderate buying pressure. The below chart shows how the price has changed during एशियाई व्यापारिक घंटे over a similar period. The metric shows the region has been involved in spending recently | Source: ग्लासनोड का द वीक ऑनचेन - सप्ताह 12, 2022 As the graph shows, the behavior from Bitcoin investors in Asia has been pretty different from the other trading hours. The region was mostly selling post March 2020, while it did some buying during the bull run, although considerably lesser in scale than US and EU. संबंधित पढ़ना | Texas Congressman Pushes