BTC/USD: Double Bottom Forms as Long-Term Holders Start Buying
From dailyforex.com
Bitcoin price stabilized around the $60,000 level as ETF outflows continued and as investors anticipated more selling by Michael Saylor’s Strategy. The BTC/USD pair also remained under pressure after the Federal Reserve Chair gave a more hawkish outlook. Bitcoin Price Pressured Amid ETF Outflows and Strategy Sales The BTC/USD pair remained under pressure as data showed that American investors continued to sell their Bitcoin holdings last month. They dumped assets worth over $4.2 billion, the worst monthly performance on record. This happened as investors continued moving towards the booming stock market. More Bitcoin ...
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