Bitcoin Dips to $38,000 With Further Losses in Sight - BitcoinEthereumNews.com
स्त्रोत: बायनेन्स On-chain data shows that the number of addresses on the network holding between 100 and 100,000 Bitcoin has remained flat over the past month. These wealthy market participants do not appear interested in buying Bitcoin at the current price levels, possibly because they are anticipating lower lows. स्रोत: सेंटिमेंट The lack of interest in the spot markets can also be seen in the number of new daily addresses joining the network. Despite the 40% price rebound Bitcoin experienced in the last three weeks, the network is not experiencing substantial growth. Glassnode data shows that the number of new daily addresses remains stagnant at an average of 400,000 per week. Given the high correlation between network growth and Bitcoins price, it is reasonable to wait for a spike in this on-chain metric that supports the continuation of the uptrend. स्रोत: ग्लासनोड Until that happens, Bitcoin could be looking test the 200-day moving average on the three-day chart at $37,000 or it may test Tom DeMarks setup trendline at $33,500. Failing to hold above this crucial support zone could trigger a cascade of liquidations in the futures market, pushing prices further down. प्रकटीकरण: लेखन के समय, इस लेख के लेखक के पास बीटीसी और ईटीएच है। इस लेख