Analysts Warn Bitcoin’s Recent Surge Might Be Deceptive – Insights from TradingView News
Bitcoin has recently lost its upward momentum, dropping 6.4% to around $82,000 after nearing the $90,000 mark. This decline raises concerns about whether the previous price surge was driven by real demand or mere speculation. Analysts from CryptoQuant highlight warning signs, particularly the Network Value to Transactions (NVT) ratio, which shows a high Market cap ...
