A well-known crypto analyst, Dave the Wave, predicts that Bitcoin (BTC) will soon experience a significant downward movement. He suggests that BTC could follow a pattern similar to last year’s trend, where it reached nearly $74,000 before dropping below $50,000. Dave believes that by the end of March, Bitcoin’s consolidation will hit its lowest point. ...
On-chain metrics from the crypto analytics firm Glassnode indicate that Bitcoin (BTC) may experience sideways movement or further correction due to decreasing buying pressure. The firm’s analysis shows a significant drop in the “Hot Capital,” which fell by 66.7% from its peak in December. Additionally, diminished exchange volume and low funding rates suggest reduced demand ...
Bitcoin’s price is predicted to hold steady at the $265,000 level once the current period of consolidation comes to an end, according to analysts on TradingView. The cryptocurrency Market is currently experiencing a period of stagnation, but experts believe that Bitcoin will maintain its high value once the boring phase is over. Stay tuned for ...
