The Bull Market Was Fuelled By A Price Bounce In Bitcoin Near Support In 2023
Julio Moreno, head of research at on-chain analytics platform Crypto Quant, predicted a potential bottoming point in the price of Bitcoin in an analysis that was posted to X (previously Twitter) on April 18. Bitcoin Selling Pressure Data from Crypto Quant indicates that traders have brought their exchange holdings back to breakeven threshold at $60,000. […]
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