Bitcoin Bottom May Be Near as 30,000 Wallets Disappear: Santiment
By Kevin Helms
Bitcoin may be approaching a local bottom as smaller holders retreat, according to Santiment’s latest analysis. Falling wallet participation could support a recovery, with $80,000 support and a move back above $82,500 central to the setup. Wallet Declines Signal a Possible Bitcoin Bottom A potential bitcoin bottom may…
Read it in your languageMachine translation by Google of the publisher's page
More in Bitcoin
From the blog
Over 11 Million Bitcoins Still Unlinked Despite Institutional Purchases
A Galaxy Research snapshot shows over 11.1 million Bitcoin, about 55 percent of all mined coins, remain unlinked to any…
Yuki Yamamoto3 min read
Early Bitcoin Investor Turns Bearish, Warns BTC Faces Existential Hack Risk
Early bitcoin investor Chamath Palihapitiya has turned bearish, warning that the cryptocurrency faces existential hack risks from artificial intelligence and…
Yuki Yamamoto3 min read
OCC Allows Crypto Firms to Continue Stablecoin Rewards
New OCC regulations under the GENIUS Act permit platforms like Coinbase and Robinhood to continue offering interest-like stablecoin rewards, despite…
Yuki Yamamoto3 min read