Q: Bitcoin holders realized $1.03 billion in profits during the price pullback. How should we interpret this?
A: It’s not clearly bullish or bearish for now, so let the price speak for itself. I’ll use the high before the news came out as the dividing line: holding above it is relatively strong; falling below it is relatively weak.
$BTC (24h +0.51%).
#BTC
This is just my personal opinion; don’t treat it as a basis for trading.
A: It’s not clearly bullish or bearish for now, so let the price speak for itself. I’ll use the high before the news came out as the dividing line: holding above it is relatively strong; falling below it is relatively weak.
$BTC (24h +0.51%).
#BTC
This is just my personal opinion; don’t treat it as a basis for trading.