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Two On-Chain Indicators Show Strong Signs Of BTC $29k Price Despite Slight Drop

Bitcoin (BTC) has had a wild run this year after recording over 72% growth over the past months with several indicators pointing upward despite slight price corrections.  The price of BTC was riddled with a little over 10% price fluctuations between $27,000 and $30,000 from April 25 to May 1. On a much positive front, […] дальше »

2023-5-8 20:12


Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics

Key Takeaways Bitcoin has softened fallen from $30,000 to close to $28,000 Our head of research looks into the data, arguing the move should not be a surprise Bitcoin’s fixed supply and lack of dividends or earnings means price is entirely demand-driven Thin liquidity in the Bitcoin market exaggerates every move, with 45% of stablecoins […] The post Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics appeared first on CoinJournal. дальше »

2023-4-20 12:46