Bitcoin Sellers Exit, Paving the Way for Fresh All-Time Highs in Cryptocurrency Market
Bitcoin’s price has risen over 11% since a low of $74,400 on April 7, with analysts predicting a continuous recovery if it can stay above $81,500. Analysts AlphaBTC and Rekt Capital emphasize the need for Bitcoin to close above $80,500 to strengthen recovery potential. Onchain data from Glassnode indicates that sellers are becoming exhausted, which ...