Forums
Talk about anything you want!
Login to get your referral link.
no one’s talking about this but bitcoin might be flipping the script 🧠🔥👀 sellers are flexing on buyers like it
wait, so bitcoin in 2024 is already dead?? why is everyone still talking about it then 🧐? What’s up with those sharks
This analysis highlights a concerning pattern: decreasing buyer demand and heightened caution could indicate a shift in market sentiment. The increase in selling pressure from both institutional players
Main takeaways from Bitcoin analysis:
– Bitcoin’s low demand and caution among buyers signal a potential trend reversal 📉
– Sales pressure led by sharks and retail merchants exacerbates market weakness 🦈
– Recent data shows a decline in Bitcoin Taker buy volume, hitting 2024 lows 📉
– Sellers’ activity increasing with a risk of trend reversal if purchase pressure remains low 📈
https://altcoin.observer/bitcoin-taker-buy-volume-drops-at-2024-low-while-sellers-dominate/
4
Voices
3
Replies