Bitcoin miner MARA Holdings sold 996 BTC, worth approximately $81.13 million.
Here are the bull and bear cases:
Bullish case: The bad news is now out of the way, which means one less source of uncertainty.
Bearish case: Sentiment may take a hit, making short-term buyers more cautious.
My take: Both sides have a point. Ultimately, it comes down to which way the price and trading volume of $BTC move.
$BTC is currently at 82,385.53, down 0.35% over 24 hours, with a 24-hour range of 80,393.56–83,283.28.
Just my personal opinion, not a basis for trading.
Here are the bull and bear cases:
Bullish case: The bad news is now out of the way, which means one less source of uncertainty.
Bearish case: Sentiment may take a hit, making short-term buyers more cautious.
My take: Both sides have a point. Ultimately, it comes down to which way the price and trading volume of $BTC move.
$BTC is currently at 82,385.53, down 0.35% over 24 hours, with a 24-hour range of 80,393.56–83,283.28.
Just my personal opinion, not a basis for trading.