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Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment

Post author:MiamiCrypto
Post published:September 5, 2024
Post category:bearish phase Bitcoin bullish outlook crypto market Cryptocurrency demand decline Market Sentiment Markets and Prices price range trading trends

On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase,…

Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders

Post author:MiamiCrypto
Post published:August 21, 2024
Post category:Bitcoin Cryptocurrency demand decline ETF investment long term holders market crash Market Updates Stablecoins whale investors

Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented…