Key facts: Long-term Bitcoin holders sell off; $30,000 drop warned; ETFs gain $1B
-
Long-term Bitcoin holders have sold more in the past three months than since January 2024, contributing to the recent price drop attributed to significant selling activity.
1
Analyst Willy Woo warned Bitcoin could drop to $30,000 amid worsening macro conditions, with $16,000 as key support. Current bearish sentiment may lead to sideways trading before a rebound.
2
3
U.S. spot Bitcoin ETFs gained over $1 billion in net inflows this week, peaking at $506.51 million. The iShares Bitcoin Trust ETF led with $276 million, while others saw outflows.
4
5
source: https://www.tradingview.com/news/tradingview:0705ed0add1aa:0-key-facts-long-term-bitcoin-holders-sell-off-30-000-drop-warned-etfs-gain-1b/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Regjistrohu Hyr