Bitcoin Price Shows First Bottom Signal in 3 Years as Selling Pressure Cools
Bitcoin has flashed a rare bottoming indicator not seen in nearly three years, with on-chain data revealing a sharp decline in selling pressure amid profitable supply levels reminiscent of 2022 lows. As the cryptocurrency hovers around $69,000 after a volatile period, this development suggests exhaustion among sellers, potentially paving the way for stabilization and renewed … Read more