Is The $BTC Bear Market Imminent? Whales Are Confident in $BTC’s Rebound as Retail Investors Panic
Technical signs, consisting of moving averages, revenue and loss index, and momentum, recommend a possible bearish market for Bitcoin ($BTC).
While retail financiers feel offering pressure, big financiers are building up $BTC in hopes of a quickly rebound.
In spite of its current battles, $BTC has actually surpassed gold and significant stock indices in 2024.
$BTC stands in a precarious position, possibly heading for a bearishness as it has a hard time to break above $60K. Whales are hoarding the token as smaller sized traders liquidate their holdings to balance out losses.
Can $BTC stand up to headwinds and hedge financiers versus a more comprehensive market decline? Let's unload this.
Completion of $BTC Bull Run?
$BTC is now trading at $57.9 K, down 0.67% in 24 hours and 8....