Q: Companies’ net holdings fell by 11,647 BTC last week. What impact does this have on price action?
A: It’s another bearish piece of news. Whether the trend has changed still depends on the market structure. From a technical perspective, news is just a catalyst; key levels are what matter.
$BTC is currently at 74628.
A: It’s another bearish piece of news. Whether the trend has changed still depends on the market structure. From a technical perspective, news is just a catalyst; key levels are what matter.
$BTC is currently at 74628.