Thanks to Bitcoin’s invalidation at $60,000, a few investors have been sweating in their seats. Its correction down to $55,600 was expected to be met with immediate recovery. However, over the last 24 hours, it hasn’t managed to lock in a position above $60,000.
In this article, we will be looking at BTC’s market position from a wider, on-chain fundamental and market structure perspective. It will also analyze if it is actually necessary to lose sleep over BTC’s movement.
Source: CryptoQuant.com
Ac
Read more on ambcrypto.com